Most of the previous works on classical inventory models arc based on the assumptions that the value (or utility) of inventory remains constant over time. In this study, a special case of inventory model is studied for both ameliorating when the items stay at breeding yard (fish culture facility or
Deterioration of inventory and equipment
โ Scribed by M. Klein; L. Rosenberg
- Publisher
- John Wiley and Sons
- Year
- 1960
- Tongue
- English
- Weight
- 676 KB
- Volume
- 7
- Category
- Article
- ISSN
- 0894-069X
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๐ SIMILAR VOLUMES
Order-level inventory models for deteriorating items have been developed and solved with and without shortages. The finite production rate is proportional to the demand rate which is time-dependent. The rate of deterioration also is taken to be time-variable. Illustrative numerical examples are give
This study deals with a deteriorating inventory model where demand decreases linearly with time and cost of items. Planning horizon is assumed to be finite, the replenishment cycles are constant and shortages are partially back-ordered. The net profit maximizing ordering policy and price are determ