Volume No. :   5

Issue No. :  1

Year :  2013

ISSN Print :  0975-4393

ISSN Online :  2349-2988


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Two warehouse inventory model for deteriorating items with linear trend in demand and time varying holding cost under inflationary conditions and permissible delay in payments



Address:   R.D. Patel1* and D.M. Patel2
1Department of Statistics, Veer Narmad South Gujarat University, Surat, Gujarat
2Narmada College of Science and Commerce, Zadeshwar, Bharuch, Gujarat
*Corresponding Author
DOI No:

ABSTRACT:
A two warehouse inventory model for deteriorating items with linear trend in demand with time varying holding cost under inflation and permissible delay in payments is developed. A rented warehouse (RW) is used to store the excess units over the capacity of the own warehouse. Numerical examples are provided to illustrate the model and sensitivity analysis is also carried out for parameters.
KEYWORDS:
Inventory model, Two warehouse, Deterioration, Inflation, Permissible delay in Payment
Cite:
R.D. Patel, D.M. Patel. Two warehouse inventory model for deteriorating items with linear trend in demand and time varying holding cost under inflationary conditions and permissible delay in payments. Research J. Science and Tech 5(1): Jan.-Mar.2013 page 113-119.
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