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ISSN 1895-2038, e-ISSN:1734-459X

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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

Full text available in in english in format: Adobe Acrobat pdf article nr 5 - pdf

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Zusammenfassung in Deutsch Zusammenfassung in Deutsch.

DOI: 10.17270/J.LOG.2015.3.5
For citation:

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
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