Optimal production strategy for deteriorating items with varying demand pattern under inflation
This paper presents production-inventory models for deteriorating items with increasing-steady-decreasing demand pattern under the effect of inflation and time value of money. This type of demand behavior can be observed in some fashion products or seasonal products in general. Shortages are allowed...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Growing Science
2011-07-01
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Series: | International Journal of Industrial Engineering Computations |
Subjects: | |
Online Access: | http://www.growingscience.com/ijiec/Vol2/IJIEC_2011_16.pdf |