标题:A Deterministic Inventory Model for Deterioraing Items with Selling Price Dependent Demand and Parabolic Time Varying Holding Cost under Trade Credit
期刊名称:International Journal of Soft Computing & Engineering
电子版ISSN:2231-2307
出版年度:2013
卷号:3
期号:4
页码:33-37
出版社:International Journal of Soft Computing & Engineering
摘要:In the present study, we have developed a deterministic inventory model for deteriorating environment under the price dependent demand with parabolic time varying holding cost and trade credit. Supplier offers a credit limit to the customer and during that span of time no interest is charged, but after the expiry of the specified time limit, the supplier will charge some interest. The customer has the reserve capital to make the payments at the beginning, but however, he decides to take the advantage of the credit limit facility provided by the supplier. This study has main focus to establish the mathematical model for an inventory system under the above conditions. At the end of th e paper, numerical examples are provided to illustrate the problem and sensitivity analyses have been carried out for showing the effect of variation in the parameters. Mathematical subject classification: 90B05