eng Science and Education Publishing American Journal of Applied Mathematics and Statistics 2333-4576 2014-05-21 2 3 160 162 10.12691/ajams-2-3-11 AJAMS20142311 article Inventory Management for Deteriorating Items with Salvage Value under Time Varying Demand Condition Srichandan Mishra 1 S.P. Mishra 2 N. Mishra 3 J. Panda 4 5 U.K. Misra umakanta_misra@yahoo.com 6 Department of Mathematics, Govt. Science College, Malkangiri, Odisha, India Swarnamayee Nagar, Berhampur, Odisha, India Department of MBA, Berhampur University, Berhampur, Odisha, India Department of Commerce, Berhampur University Department of Mathematics, N I S T, Berhampur, Odisha, India In this paper we discuss the development of an inventory model for deteriorating items which investigates an instantaneous replenishment model for the items under cost minimization. The salvage value is incorporated to the deteriorated units. The result is illustrated with numerical example. http://pubs.sciepub.com/ajams/2/3/11/ajams-2-3-11.pdf demand optimal control salvage value inventory system