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An EOQ model for weibull distribution deterioration with time-dependent cubic demand and backlogging
2017
IOP Conference Series: Materials Science and Engineering
The problem of deterioration in an EOQ model plays a significant role in the field of inventory control and management. In this paper, an attempt has been made to develop an inventory model for deteriorating items with uniform replenishment rate with power form demand and without shortages. The rate of deterioration is a cubic polynomial as a function of time. A total cost function is constructed and a computing algorithm is developed to find the solution of non-linear problem of constrained
doi:10.1088/1757-899x/263/4/042132
fatcat:mv7ijnm33vbh3dscim4e2zg5e4