An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment | Zendy

Yashveer Singh | Zendy; A K Malik | Zendy; Satish Kumar | Zendy

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An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment

Author(s) -

Yashveer Singh,

A K Malik,

Satish Kumar

Publication year - 2014

Publication title -

international journal of computer applications

Language(s) - English

Resource type - Journals

ISSN - 0975-8887

DOI - 10.5120/16949-6917

Subject(s) - computer science , payment , stock (firearms) , inflation (cosmology) , operations research , econometrics , economics , world wide web , mathematics , mechanical engineering , physics , theoretical physics , engineering

This paper deals with an inflation induced stock dependent demand inventory model with permissible delay in payments. In real life situations, some products maintain freshness and quality for some time. This inventory model is developed for non-instantaneous deteriorating items. The purpose of this paper is to obtain the optimal policies for maximizing the total profits. Numerical examples are provided to demonstrate the developed model and also to provide the solution algorithm.

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