An Inventory Management System for Deteriorating Items with Ramp Type and Quadratic Demand: A Structural Comparative Study

Biswaranjan Mandal, Acharya Jagadish Chandra Bose College, India

ABSTRACT

The present paper deals with an inventory management system with ramp type and quadratic demand rates. A constant deterioration rate is considered into the model. In the two types models, the optimum time and total cost are derived when demand is ramp type and quadratic. A structural comparative study is demonstrated here by illustrating the model with sensitivity analysis.

KEYWORDS

Inventory, ramp type, quadratic, deterioration.

Original Source URL: https://aircconline.com/ijsc/V11N4/11420ijsc01.pdf

https://airccse.org/journal/ijsc/current2020.html