In this study, an EOQ (Economic Order Quantity) inventory mathematical model is constructed for a deteriorating item having time dependent demand when delay in payment is permissible. The deterioration rate is assumed to be a constant and the time varying demand rate is taken to be an exponential declining function of time. Mathematical models are also derived under two different circumstances,...

In this paper, we have considered an economic order quantity model for deteriorating items with two-level trade credit policy in which a delay in payment is offered by a supplier to a retailer and also an another delay in payment is offered by the retailer to his/her all customers. Here, it is proposed that the demand function is dependent on the length of the customer's credit period and also ...

classical deterministic inventory models consider the demand rate to be either constant or time-dependent but independent from the stock status. however, for a certain type of inventory, the demand rate may be in-fluenced by the stock level. also in many real-life problems, some products such as fruits, vegetables, phar-maceuticals and volatile liquids continuously deteriorate to evaporation, o...

The main objective of this paper is to develop a Supply chain model of a volume agile manufacturing process for the deteriorating items. It is assumed that an EOQ model in which inventory is depleted not only by demand also by deterioration. In this study, a model for the producer by assuming stock dependent demand rate is developed. It is assumed that the deterioration rate follows the Weibull...

Some products like green vegetables, volatile liquids and others deteriorate continuously due to evaporation, spoilage etc. In this study, an inventory model is developed for deteriorating items with linearly time dependent demand rate under inflation and time discounting over a finite planning horizon. Shortages are allowed and linearly time dependent. Mathematical model is presented for the p...

Recently, much emphasis has given to study the control and maintenance of production inventories of the deteriorating items. Rework is one of the main issues in reverse logistic and green supply chain, since it can reduce production cost and the environmental problem. Many researchers have focused on developing rework model, but few of them have developed model for deteriorating items. Due to t...

in this paper, we develop an inventory model with delay in payments for deteriorating items. in our model, retailer who purchases the items enjoys a fixed credit period offered by his/her supplier and, in turn, also offers a credit period to his/her customers in order to promote the market competition. the demand is assumed to be linear function of the retailer's current-stock level. the effect...

Purpose: The purpose of this paper to develop an inventory model for instantaneous deteriorating items with the consideration of the facts that the deterioration rate can be controlled by using the preservation technology (PT) and the holding cost & demand rate both are linear function of time which was treated as constant in most of the deteriorating inventory model. Design/methodology/approac...

in this paper, a production inventory model is developed for the business enterprise which consists of three wings. the first wing is for manufacturing new items, the second wing is for collecting the returned items, while third wing is for remanufacturing the returned item. in this model we consider the fact that the storage item is deteriorated during storage periods and salvage value is inco...