Padmanabhan and Vrat [13] presented EOQ models for perishable items under stock dependent selling rate. In this article, we complement the shortcoming of their partial backlogging model by adding the cost of lost sales in the profit function. We then prove that the optimal replenishment policy not only exists but is unique. Further, the model is illustrated with a numerical example adopted from Padmanabhan and Vrat [13] and concluding remarks are provided.
關聯:
International Journal of Information and Management Sciences 19(3) , pp.519-534
