inventory models play an important role in determining the optimal ordering and pricing policies. much work has been reported in literature regarding inventory models with finite or infinite replenishment. but in many practical situations the replenishment is governed by random factors like procurement, transportation, environmental condition, availability of raw material etc., hence, it is nee...

In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing the total inventory cost. The result is illustrated with numerical example for the model. The model ca...

Abstract Interaction effect across complementary products plays an important role in characterizing the optimal inventory policy. The levels of are interrelated due to interaction between demand streams. In this paper, we consider a periodic review base-stock policy presence two with demands and joint replenishment. Demands modeled by Poisson process any unmet is lost. can be sets one unit each...