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An inventory model for deteriorating items with stock-dependent demand rate. (English) Zbl 0926.90001
Summary: This paper discusses an inventory model with an inventory-level-dependent demand rate followed by a constant demand rate for items deteriorating at a constant rate \(\theta\), where the terminal condition of zero inventory at the end of the scheduling period has been relaxed. Sensitivity of the decision variables to changes in the parameter values is examined and the effects of these changes on the optimal policy are discussed in brief.

MSC:
90B05 Inventory, storage, reservoirs
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