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Optimizing a Production Inventory Model with Exponential Demand Rate, Exponential Deterioration and Shortages

  • M. Dhivya LakshmiEmail author
  • P. Pandian
Conference paper
Part of the Trends in Mathematics book series (TM)

Abstract

A production inventory model having an exponential deterioration rate with an exponential demand rate and shortages is considered. In this model, the production rate is a function of the demand rate. The total inventory cost per cycle, the cycle length, the shortage and the production lengths are optimized. Numerical example of the proposed model is presented.

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Copyright information

© Springer Nature Switzerland AG 2018

Authors and Affiliations

  1. 1.Department of MathematicsVITVelloreIndia

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