Far East Journal of Theoretical Statistics
Volume 6, Issue 2, Pages 97 - 106
(March 2002)
|
|
OPTIMUM ORDERING INTERVAL FOR TIME VARYING DECAY RATE
OF INVENTORY WITH TIME DEPENDENT DEMAND
Ashok Ganguly (India) and Manjusha Panwar (India)
|
Abstract: A deterministic inventory model with a power demand
pattern and time varying decay rate of on-hand inventory under the condition of
instantaneous replenishment has been developed. Time is considered as discrete
variable. Optimum ordering interval is calculated. A numerical example is
considered to illustrate the model taken. |
Keywords and phrases: discrete time
deteriorating item, power demand pattern, optimum ordering interval. |
|
Number of Downloads: 3 | Number of Views: 772 |
|