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Abstract

The aim of this paper is to develop an optimal replenishment policy for inventory models of deteriorating items with ramp type demand under permissible delay in payments. Deterioration of items begins on their arrival in stock.  An example is also presented to illustrate the application of developed model.

Keywords

Replenishment policy Deterioration Ramp type demand Permissible delay in payments

Article Details

How to Cite
Jain, D. S., Kumar, M., & Advani, P. (2010). AN OPTIMAL REPLENISHMENT POLICY FOR DETERIORATING ITEMS WITH RAMP TYPE DEMAND UNDER PERMISSIBLE DELAY IN PAYMENTS. Pakistan Journal of Statistics and Operation Research, 5(2), 107-114. https://doi.org/10.18187/pjsor.v5i2.187