RT - Journal Article
T1 - Inventory Model for Deteriorating Items with Quadratic Time Dependent Demand under Trade Credits
JF - ijsom
YR - 2016
JO - ijsom
VO - 3
IS - 4
UR - http://system.khu.ac.ir/ijsom/article-1-2620-en.html
SP - 1064
EP - 1078
K1 - Quadratic time
K1 - Dependent demand
K1 - Inventory
K1 - Trade credits
K1 - Deterioration
K1 - Time dependent
AB - In this paper, an EOQ model is developed for a deteriorating item with quadratic time dependent demand rate under trade credit. Mathematical models are also derived under two different situations i.e. Case I; the credit period is less than the cycle time for settling the account and Case II; the credit period is greater than or equal to the cycle time for settling the account. The numerical examples are also given to validate the proposed model. Sensitivity analysis is given to study the effect of various parameters on ordering policy and optimal total profit. Mathematica 7.1 software is used for finding optimal numerical solutions.
LA eng
UL http://system.khu.ac.ir/ijsom/article-1-2620-en.html
M3
ER -