Effects of Exponential Demand and Time Proportional Deterioration on Inventory System

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Mohan. A, T. Iswarya


      This paper deal with deterministic inventory model for deteriorating item with shortages that are partially lost and partially backloggingand time proportional deteriorating items. This model discusses about the demand rate which is exponential decay rate. The holding cost is linear and the deterioration cost is both time dependent. To represent the solution and application of the model, numerical analysis has been provided. By finding the minimum value for the total cost, the model is solved.

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