An Epq Stock Model for Deteriorating Items with Quantity Discount and Budget Constraint

Abstract

For the most part, vendor adopts quantity discount to the buyer to motivate retailers to make bigger orders. The subject of this paper is the problem of observing ideal recharging strategy for a stock, dependent upon quantity discount and deterioration. It is shown that considering restriction truly influences the course of action of the issue. At long last, mathematical model is displayed to show the ordinary use of the proposed model.