An Optimal Deterministic Two-Warehouse Inventory Model for Deteriorating Items

  • K. Rangarajan
  • K. KarthikeyanEmail author
Conference paper
Part of the Trends in Mathematics book series (TM)


In this paper, an optimal deterministic two-warehouse inventory model for non-instantaneous deteriorating items under the dispatching policy of last in, first out (LIFO) has been developed. The demand rate and deterioration rate of an item are considered as ramp type and time dependent. Time dependent holding cost, inflation and shortages in inventory are allowed, which is partially backlogged are the various factors considered in this model. The main objective of this model is to develop an optimal policy, which minimizes the total average inventory cost. Finally, this model is illustrated, thoroughly by numerical examples.


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© Springer Nature Switzerland AG 2018

Authors and Affiliations

  1. 1.Department of MathematicsSAS, Vellore Institute Of TechnologyVelloreIndia

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