
Issue 3/ 2015, article 5
S.P. Singh , Gobind Panda
AN INVENTORY MODEL FOR GENERALIZED WEIBULL DETERIORATING ITEMS WITH PRICE DEPENDENT DEMAND AND PERMISSIBLE DELAY IN PAYMENTS UNDER INFLATION
Abstract:
This paper derives an inventory model is developed for items that deteriorates at a generalized Weibull distributed rate when demand for the items is dependent on the selling price. Shortages are not allowed and price inflation is taken into consideration over finite planning horizon. A brief analysis of the cost involved is carried out by theoretical analysis.
Keywords: inventory, inflation, Weibull distribution, selling price dependent demand, delay in payment
This paper derives an inventory model is developed for items that deteriorates at a generalized Weibull distributed rate when demand for the items is dependent on the selling price. Shortages are not allowed and price inflation is taken into consideration over finite planning horizon. A brief analysis of the cost involved is carried out by theoretical analysis.
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Streszczenie w jezyku polskim.
Zusammenfassung in Deutsch.
DOI: 10.17270/J.LOG.2015.3.5
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MLA | , S.P. Singh, and Gobind Panda. "An inventory model for generalized weibull deteriorating items with price dependent demand and permissible delay in payments under inflation." Logforum 11.3 (2015): 5. DOI: 10.17270/J.LOG.2015.3.5 |
APA | S.P. Singh1 , Gobind Panda2 (2015). An inventory model for generalized weibull deteriorating items with price dependent demand and permissible delay in payments under inflation. Logforum 11 (3), 5. DOI: 10.17270/J.LOG.2015.3.5 |
ISO 690 | , S.P. Singh, PANDA, Gobind. An inventory model for generalized weibull deteriorating items with price dependent demand and permissible delay in payments under inflation. Logforum, 2015, 11.3: 5. DOI: 10.17270/J.LOG.2015.3.5 |