A Ramp-Type Deterioration EOQ Model with On-Hand Inventory

Authors

  • Debasmita Samal Department of Mathematics, O.P. Jindal University, Raigarh, Chhattisgarh, India
  • Manas Ranjan Mishra Department of Mathematics, O.P. Jindal University, Raigarh, Chhattisgarh, India
  • Abdul Kalam Department of Mathematics, EATM, Bhubaneswar, Odisha, India

Keywords:

Inventory model, Ramp type deterioration, Demand, Economic order quantity

Abstract

In this paper, we develop an inventory model for ramp type deteriorations with different demand rate for different parameters. In this proposed model, shortages are not allowed. The model is explained with the help of numerical examples. Sensitivity analysis of the optimal solution with respect to various parameters of the system is given and results are discussed in details.

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Published

28-09-2023

How to Cite

Samal, D., Mishra, M. R., & Kalam, A. (2023). A Ramp-Type Deterioration EOQ Model with On-Hand Inventory. KEPES, 21(3), 763–771. Retrieved from https://scholopress.com/kepes-journal/article/view/292

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Section

Articles