EN
An EPQ model for a deteriorating item with inflation reduced selling price and demand with immediate part payment
Abstract
This paper presents a continuous EPQ model of deteriorating items
with shortages. Also in this paper, an inventory policy for an item
is presented with inflation and selling price dependent demand under
deterministic and random planning horizons allowing shortages with
an immediate part payment to the wholesaler. In this study inventory models under the finite and random planning horizons have been
formulated with respect to the retailer’s point of view for maximum
profit. The GRG method is used to find the optimal solutions and the
corresponding maximum profits for the different sets of given numerical
data.
Keywords
References
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Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Publication Date
August 1, 2014
Submission Date
March 27, 2013
Acceptance Date
-
Published in Issue
Year 2014 Volume: 43 Number: 4
APA
Majumder, P., Bera, U., & Maiti, M. (2014). An EPQ model for a deteriorating item with inflation reduced selling price and demand with immediate part payment. Hacettepe Journal of Mathematics and Statistics, 43(4), 641-659. https://izlik.org/JA47AK26ZF
AMA
1.Majumder P, Bera U, Maiti M. An EPQ model for a deteriorating item with inflation reduced selling price and demand with immediate part payment. Hacettepe Journal of Mathematics and Statistics. 2014;43(4):641-659. https://izlik.org/JA47AK26ZF
Chicago
Majumder, Pinki, U.k. Bera, and M. Maiti. 2014. “An EPQ Model for a Deteriorating Item With Inflation Reduced Selling Price and Demand With Immediate Part Payment”. Hacettepe Journal of Mathematics and Statistics 43 (4): 641-59. https://izlik.org/JA47AK26ZF.
EndNote
Majumder P, Bera U, Maiti M (August 1, 2014) An EPQ model for a deteriorating item with inflation reduced selling price and demand with immediate part payment. Hacettepe Journal of Mathematics and Statistics 43 4 641–659.
IEEE
[1]P. Majumder, U. Bera, and M. Maiti, “An EPQ model for a deteriorating item with inflation reduced selling price and demand with immediate part payment”, Hacettepe Journal of Mathematics and Statistics, vol. 43, no. 4, pp. 641–659, Aug. 2014, [Online]. Available: https://izlik.org/JA47AK26ZF
ISNAD
Majumder, Pinki - Bera, U.k. - Maiti, M. “An EPQ Model for a Deteriorating Item With Inflation Reduced Selling Price and Demand With Immediate Part Payment”. Hacettepe Journal of Mathematics and Statistics 43/4 (August 1, 2014): 641-659. https://izlik.org/JA47AK26ZF.
JAMA
1.Majumder P, Bera U, Maiti M. An EPQ model for a deteriorating item with inflation reduced selling price and demand with immediate part payment. Hacettepe Journal of Mathematics and Statistics. 2014;43:641–659.
MLA
Majumder, Pinki, et al. “An EPQ Model for a Deteriorating Item With Inflation Reduced Selling Price and Demand With Immediate Part Payment”. Hacettepe Journal of Mathematics and Statistics, vol. 43, no. 4, Aug. 2014, pp. 641-59, https://izlik.org/JA47AK26ZF.
Vancouver
1.Pinki Majumder, U.k. Bera, M. Maiti. An EPQ model for a deteriorating item with inflation reduced selling price and demand with immediate part payment. Hacettepe Journal of Mathematics and Statistics [Internet]. 2014 Aug. 1;43(4):641-59. Available from: https://izlik.org/JA47AK26ZF