TITLE:
An Inventory Model for Deteriorating Items with Generalised Exponential Decreasing Demand, Constant Holding Cost and Time-Varying Deterioration Rate
AUTHORS:
Isiyaku Aliyu, Babangida Sani
KEYWORDS:
Linear Deterioration, Generalize Exponential Decreasing Demand, Inventory, Constant Holding Cost
JOURNAL NAME:
American Journal of Operations Research,
Vol.8 No.1,
January
4,
2018
ABSTRACT: In this present paper, an inventory model with a generalised exponential decreasing demand is considered. A numerical example is used to illustrate the application of the model. Sensitivity analysis of the optimal solution with respect to various parameters is carried out to see the effect of parameter changes on the solution.