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Economic production quantity model for deteriorating items with trade-credit policy and preservation technology under the effect of inflation.
- Source :
-
AIP Conference Proceedings . 2023, Vol. 2699 Issue 1, p1-15. 15p. - Publication Year :
- 2023
-
Abstract
- In this present research work we have described an economic production quantity (EPQ) model for deteriorating items under the partial trade credit policy. In the chain supply, it is a challenge for deteriorating items that how many products to manufacture to get maximum benefit. We used preservation technology to control deterioration and the demand function is depending on stock level and selling price as hybrid type. Entire research work done under the effect of inflation. In this research work, we have analyzed various types of cases. Finally, numerical examples and sensitivity analysis computed with the help of software mathematica-7.0. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 0094243X
- Volume :
- 2699
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- AIP Conference Proceedings
- Publication Type :
- Conference
- Accession number :
- 164112892
- Full Text :
- https://doi.org/10.1063/5.0154109