Production Inventory Models With Integrated Stock and Price Dependent Demands for Deteriorative Items
V. Choudri,
C.K. Sivashankari
Abstract:This research takes into account production inventory models with price-dependent are developed: The first model uses integrated stock and price dependent demands, the second model uses stock dependent demand, and the third model uses price dependent demand. The models are built on the basis of a bipartition of the production cycle which in turn results in the holding cost. It was found that the holding cost is lower in integrated stock and price dependent demand compared to that of stock dependent demand and … Show more
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