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Inventory models for perishable items having demand rate dependent on stock level

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Abstract

In this paper inventory models are developed for perishable items having stock dependent demand and weibull rate of deterioration. Expressions for optimal policies are obtained for both the cases with and without shortages. The models are illustrated with numerical example. Sensitivity analysis is also performed and discussed.

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Authors and Affiliations

  1. Department of Mechanical Engineering, Andhra University, 530003, Visakhapatnam, India

    K. Venkata Subbaiah & B. Satyanarayana

  2. Department of Statistics, Andhra University, 530003, Visakhapatnam, India

    K. Srinivasa Rao

Authors
  1. K. Venkata Subbaiah
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  2. K. Srinivasa Rao
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  3. B. Satyanarayana
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Venkata Subbaiah, K., Srinivasa Rao, K. & Satyanarayana, B. Inventory models for perishable items having demand rate dependent on stock level. OPSEARCH 41, 223–236 (2004). https://doi.org/10.1007/BF03398846

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  • DOI: https://doi.org/10.1007/BF03398846

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