TY  - JOUR
T1  - EOQ Model for Items with Exponential Distribution Deterioration and Linear Trend Demand under Permissible Delay in Payments
AU - Mahata, Gour Chandra 
JO  - International Journal of Soft Computing
VL  - 6
IS  - 3
SP  - 46
EP  - 53
PY  - 2011
DA  - 2001/08/19
SN  - 1816-9503
DO  - ijscomp.2011.46.53
UR  - https://makhillpublications.co/view-article.php?doi=ijscomp.2011.46.53
KW  - permissible delay in payments
KW  -Inventory
KW  -sensitivity analysis
KW  -deteriorating items
KW  -economic order quantity
KW  -linear trend demand
AB  - In this study, an order-level inventory model is constructed 
  for deteriorating items with instantaneous replenishment, exponential decay 
  rate and a time varying linear demand without shortages under per-missible delay 
  in payments. It is assumed that a constant fraction of the on-hand inventory 
  deteriorates per unit of time. The exact formulae of the optimal average cost 
  and the lot size are derived without carrying out any approximation over the 
  deterioration rate. Different decision making situations illustrated with the 
  help of numerical examples. Sensitivity analysis of the optimal solution with 
  re-spect to changes in the parameter values is carried out.
ER  -