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September-2024
eISSN: 2349-5162
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Journal of Emerging Technologies and Innovative Research ( An International Scholarly Open Access Journal, Peer-reviewed, Refereed Journal )
Impact factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal
UGC Approved Journal no 63975(19)
ISSN: 2349-5162 | ESTD Year : 2014 Call for Paper
Volume 11 | Issue 10 | October 2024
ISSN: 2349-5162 | ESTD Year : 2014 Call for Paper
Volume 11 | Issue 10 | October 2024
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UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975
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Published Paper ID:
JETIR2409306
Registration ID:
548243
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Title
An Inventory Model for Deteriorating Items with Price Dependent Stochastic Demand and Time-varying Holding Cost
Authors
Abstract
The paper deals with an inventory model for deteriorating items in which the rate of deterioration follows a two-parameter Weibull distribution. The demand rate is assumed to be linearly dependent on to price with a stochastic error and the inventory holding cost varies with time. Shortages in inventory are allowed to occur and are completely backlogged. The optimal results are derived for a numerical example. The sensitivity analysis is performed to examine the effects of changes in the values of the key parameters involved in the model.
Key Words
Inventory, deteriorating items, shortage, price-dependent stochastic demand, time varying holding cost.
Cite This Article
"An Inventory Model for Deteriorating Items with Price Dependent Stochastic Demand and Time-varying Holding Cost", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 9, page no.d44-d51, September-2024, Available :http://www.jetir.org/papers/JETIR2409306.pdf
ISSN
2349-5162 | Impact Factor 7.95 Calculate by Google Scholar
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Cite This Article
"An Inventory Model for Deteriorating Items with Price Dependent Stochastic Demand and Time-varying Holding Cost", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 9, page no. ppd44-d51, September-2024, Available at : http://www.jetir.org/papers/JETIR2409306.pdf
Publication Details
Published Paper ID: JETIR2409306
Registration ID: 548243
Published In: Volume 11 | Issue 9 | Year September-2024
Page No: d44-d51
Country: HOOGHLY, WEST BENGAL, India .
Area: Applied Mathematics
ISSN Number: 2349-5162
Publisher: IJ Publication
Published Paper URL :: https://www.jetir.org/view?paper=JETIR2409306
Published Paper PDF: https://www.jetir.org/papers/JETIR2409306
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