In this study a deterministic inventory model for deteriorating items with stock dependent demand is developed. In this model the shortages are allowed and partially backlogged and the effect of inflation rate and delay in payments are discussed. This paper establishes an inventory model for the deteriorating items and stock dependent demand rate under inflation when the supplier offers a permi...

Although the lot size problem (i.e., the economic order quantity model) has been widely accepted and used by researchers and practitioners, it has also been criticized by others on the grounds that not accounting for some of the hidden costs in inventory systems often lead to poor results. This paper postulates that estimating these hidden costs may be attained by applying the first and second ...

 This paper presents an inventory model with non-instantaneous receipt under the condition of permissible delay in payments. Certain items like volatiles deteriorate during production process. In this paper, we consider deterioration into two phases i.e. phase 1 and phase 2. The purpose of this paper is to determine the optimal replenishment policies under conditions of non-instantaneous recei...