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Please use this identifier to cite or link to this item: http://eprint.iitd.ac.in/handle/2074/349

Title: Theory and Methodology: EOQ models for perishable items under stock dependent selling rate
Authors: Padmanabhan, G
Vrat, Prem
Keywords: Stock dependent selling rate
Perishable
Backlogging
Inventory
Optimization
Issue Date: 1995
Citation: European Journal of Operational Research 86, 281-292
Abstract: This paper presents inventory models for perishable items with stock dependent selling rate. The selling rate is assumed to be a function of current inventory level and rate of deterioration is taken to be constant. Under instantaneous replenishment with zero lead time, the model incorporates aspects such as complete, partial, and no backlogging. EOQ is determined for maximizing the total profit in each of the situations. The models developed are illustrated through numerical examples and sensitivity analysis is reported.
URI: http://eprint.iitd.ac.in/dspace/handle/2074/349
Appears in Collections:Mechanical Engineering

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