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AN EOQ MODEL FOR DETERIORATING ITEMS WITH SHORTAGES AND TIME-VARYING DEMAND
Journal article   Peer reviewed

AN EOQ MODEL FOR DETERIORATING ITEMS WITH SHORTAGES AND TIME-VARYING DEMAND

M Hariga
The Journal of the Operational Research Society, Vol.46(3), pp.398-404
01/03/1995

Abstract

Business & Economics Management Operations Research & Management Science Science & Technology Social Sciences Technology
In a recent paper, Goswami and Chaudhuri considered the inventory replenishment problem for a deteriorating item with linearly time-varying demand, finite shortage cost, and equal replenishment intervals. The analysis contained mathematical errors. The present paper proposes the correct theory for this problem, Numerical examples are included.

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