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An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment

by Yashveer Singh, A K Malik, Satish Kumar
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International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 96 - Number 25
Year of Publication: 2014
Authors: Yashveer Singh, A K Malik, Satish Kumar
10.5120/16949-6917

Yashveer Singh, A K Malik, Satish Kumar . An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment. International Journal of Computer Applications. 96, 25 ( June 2014), 14-18. DOI=10.5120/16949-6917

@article{ 10.5120/16949-6917,
author = { Yashveer Singh, A K Malik, Satish Kumar },
title = { An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment },
journal = { International Journal of Computer Applications },
issue_date = { June 2014 },
volume = { 96 },
number = { 25 },
month = { June },
year = { 2014 },
issn = { 0975-8887 },
pages = { 14-18 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume96/number25/16949-6917/ },
doi = { 10.5120/16949-6917 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T22:22:44.755953+05:30
%A Yashveer Singh
%A A K Malik
%A Satish Kumar
%T An Inflation Induced Stock-Dependent Demand Inventory Model with Permissible delay in Payment
%J International Journal of Computer Applications
%@ 0975-8887
%V 96
%N 25
%P 14-18
%D 2014
%I Foundation of Computer Science (FCS), NY, USA
Abstract

This paper deals with an inflation induced stock dependent demand inventory model with permissible delay in payments. In real life situations, some products maintain freshness and quality for some time. This inventory model is developed for non-instantaneous deteriorating items. The purpose of this paper is to obtain the optimal policies for maximizing the total profits. Numerical examples are provided to demonstrate the developed model and also to provide the solution algorithm.

References
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Index Terms

Computer Science
Information Sciences

Keywords

Inflation Inventory Non-instantaneous deterioration Permissible delay in payments Purchasing cost Sales revenue cost Stock-dependent demand.

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