ScholarLens Back to search
2020•International Journal of Engineering Technologies and Management ResearchOpen access

AN EOQ INVENTORY MODEL USING RAMP TYPE DEMAND WITH DETERIORATION AND SHORTAGES

Siddharth Singh, Ajay Soni

Open full text 2 citations

Abstract

In this paper an EOQ Inventory model is developed in which inventory is depleted not only by demand also by deterioration, here demand rate is a ramp type function of time also the in this model shortages are allowed. The model is solved analytically by enumerating two possible shortages models to obtain the optimum solution.

Open-access reader

About this research paper

What this paper is about

In this paper an EOQ Inventory model is developed in which inventory is depleted not only by demand also by deterioration, here demand rate is a ramp type function of time also the in this model shortages are allowed. The model is solved analytically by enumerating two possible shortages models to obtain the optimum solution.

Why it matters

OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

In this paper an EOQ Inventory model is developed in which inventory is depleted not only by demand also by deterioration, here demand rate is a ramp type function of time also the in this model shortages are allowed. The model is solved analytically by enumerating two possible shortages models to obtain the optimum solution.

Key concepts: Economic order quantity, Economic shortage, Function (biology), Economics, Mathematical optimization, Operations research, Mathematics, Business

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
AN EOQ INVENTORY MODEL USING RAMP TYPE DEMAND WITH DETERIORATION AND SHORTAGES — Research Paper | ScholarLens