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Teng, J.T. and Chang, C.T. (2005). Economic production quantity models for deteriorating items with price and stock dependent demand. Computers and Operational Research, 32: 297-308.

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Article

An Order Level Inventory Model for Deteriorating Items with Time – Quadratic Demand and Partial Backlogging

1Department of Mathematics, Sri Ramakrishna Engineering College, Coimbatore, Tamilnadu, India

2Department of Mathematics, Government Arts College (Autonomous), Coimbatore, Tamilnadu, India


Journal of Business and Management Sciences. 2014, Vol. 2 No. 3A, 17-20
DOI: 10.12691/jbms-2-3A-2
Copyright © 2014 Science and Education Publishing

Cite this paper:
J. Jagadeeswari, P. K. Chenniappan. An Order Level Inventory Model for Deteriorating Items with Time – Quadratic Demand and Partial Backlogging. Journal of Business and Management Sciences. 2014; 2(3A):17-20. doi: 10.12691/jbms-2-3A-2.

Correspondence to: P.  K. Chenniappan, Department of Mathematics, Government Arts College (Autonomous), Coimbatore, Tamilnadu, India. Email: pkchenniappan@gmail.com

Abstract

In this paper, a deterministic inventory model is developed for deteriorating items in which shortages are allowed and partially backlogged. The backlogging rate is assumed to be dependent on the length of the waiting time for the next replenishment. The longer the waiting time is, the smaller the backlogging rate would be. The deterioration rate is constant and demand rate is assumed to be time quadratic. Numerical example and sensitivity analysis are evaluated for validating the proposed model.

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