Article citationsMore>>

Singh, T., Pattanayak, H., Nayak, A.K. and Sethy, N.N. (2016) An EOQ Inventory Model with Stock Dependent Demand under Permissible Delay in Payment. International Journal of Logistics Systems and Management, Article in Press.

has been cited by the following article:

• TITLE: An Optimal Policy with Quadratic Demand, Three-Parameter Weibull Distribution Deterioration Rate, Shortages and Salvage Value

  AUTHORS: Pandit Jagatananda Mishra, Trailokyanath Singh, Hadibandhu Pattanayak

  KEYWORDS: EOQ, Quadratic Demand, Salvage Value, Shortage, Three-Parameter Weibull Deterioration Rate

  JOURNAL NAME: American Journal of Computational Mathematics, Vol.6 No.3, July 15, 2016

  ABSTRACT: The present paper focuses an optimal policy of an inventory model for deteriorating items with generalized demand rate and deterioration rate. Shortages are allowed and partially backlogged. The salvage value is included into deteriorated units. The main objective of the model is to minimize the total cost by optimizing the value of the shortage point, cycle length and order quantity. A numerical example is carried out to illustrate the model and sensitivity analyses of major parameters are discussed.