The basic concern of the Capitalistic approach manufacturing industry is to minimize costs and maximize profit. Through uncontrolled rate exploitation, manufacturer creates large quanta social surplus. This ultimately results in economic injustice inequality among classes. current article makes an initiation develop production quantity model with deterioration under Marxian socio-political econ...

An EOQ model of inventory for items with linear rate of deterioration is considered, taking the demand rate to be dependent on the stocjk level at any instant of time. The Payments are permitted to be delayed up to certain period of time. Shortages are not allowed. After the certain period, a special discount is permitted to reduce the stock in inventory because if the stock is holded, an inter...

A recently published paper by Lee [C.C. Lee, Two-warehouse inventory model with deterioration under FIFO dispatching policy, European Journal of Operational Research 174 (2006) 861–873] considers different dispatching models for the two-warehouse inventory system with deteriorating items, in which Pakkala and Achary’s LIFO (last-in–first-out) model [T.P.M. Pakkala, K.K. Achary, A deterministic ...

In this paper, the traditional inventory lot-size model is extended to allow not only for general partial backlogging rate but also for inflation. The assumptions of equal cycle length and constant shortage length imposed in the model developed by Moon et al. [Moon, I., Giri, B.C., Ko, B., 2005. Economic order quantity models for ameliorating/deteriorating items under inflation and time discoun...