Inventory model for Exponential Deterioration Items with Power Dependent Demand

Authors

  • Agatamudi Lakshmana Rao Department of Basic Sciences and Humanities, Aditya Institute of Technology and Management, Tekkali, India
  • Satyanarayana Bora University of Technology and Applied Sciences, Shinas, Oman

DOI:

https://doi.org/10.59461/ijitra.v2i3.70

Keywords:

EOQ model, deteriorating items;, shortage, power dependent demand, Exponential distribution

Abstract

In this paper we develop and analyze an inventory model assumption that deterioration rate follows Exponential distributions with power dependent demand. With shortage and without shortage both cases have been taken care of in developing the inventory models. Shortages are fully backlogged whenever they are allowed. Through numerical examples the results are illustrated. The sensitivity analysis for the model has been performed to study the effect changes of the values of the parameters associated with the model.

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Published

2023-09-07

How to Cite

Agatamudi Lakshmana Rao, & Satyanarayana Bora. (2023). Inventory model for Exponential Deterioration Items with Power Dependent Demand. International Journal of Information Technology, Research and Applications, 2(3), 31–38. https://doi.org/10.59461/ijitra.v2i3.70

Issue

Vol. 2 No. 3 (2023): IJITRA

Section

Special Issue

License

Copyright (c) 2023 International Journal of Information Technology, Research and Applications

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This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.