Order level inventory system with ramp type demand rate for deteriorting items. (English) Zbl 0911.90142

Mandal, B.; Pal, A. K.

J. Interdiscip. Math. 1, No. 1, 49-66 (1998).

Summary: An order level inventory system for deteriorating items has been developed with demand rate a ramp type function of time. Deterministic and probabilistic demand situations are discussed. The results obtained have been compared with the corresponding results in the absence of deterioration and finally a numerical example for the deterministic demand situation has been studied along with its sensitivity.

MSC:

90B05

Inventory, storage, reservoirs

Keywords:

order level inventory system; deteriorating items; sensitivity

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