A Partial Backlogging Inventory Model for Non-Instantaneous Deteriorating Items with Stock-Dependent Consumption Rate under Inflation

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Title:	A Partial Backlogging Inventory Model for Non-Instantaneous Deteriorating Items with Stock-Dependent Consumption Rate under Inflation
Authors:	張紘炬;Lin, Wen-feng
Contributors:	淡江大學經營決策學系
Keywords:	Partial backlogging;non-instantaneous deterioration;stock-dependent demand;inflation
Date:	2010-06
Issue Date:	2011-10-20 16:34:03 (UTC+8)
Abstract:	In this paper, we derive a partial backlogging inventory model for noninstantaneous deteriorating items with stock-dependent demand rate under inflation over a finite planning horizon. We propose a mathematical model and theorem to find minimum total relevant cost and optimal order quantity. Numerical examples are used to illustrate the developed model and the solution process. Finally, a sensitivity analysis of the optimal solution with respect to system parameters is carried out.
Relation:	Yugoslav Journal of Operations Research 20(1), pp.35-54
DOI:	10.2298/YJOR1001035C
Appears in Collections:	[Department of Management Sciences] Journal Article

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