An Inventory Model for Deteriorating Goods with Exponential Demand, Variable Holding Costs, and Partial Backlogging Across Two-Warehouses in an Inflationary Environment.

Establishing warehouses is necessary in societies where commercial activities have grown to the extent that efficient storage becomes a prerequisite for seamless exchange. Variable holding cost is a pivotal factor influencing warehouse costs, as is the dynamic nature of holding expenses, which tend to increase over time. This study focuses on an inventory model designed for goods subject to degradation, stored across two distinct warehouses (rented and owned) within a partial backlogging and inflationary economic environment. The cost associated with holding these goods is linearly dependent on time. The demand pattern in the inventory model for goods follows an exponential trajectory over time. The primary objective of the proposed model is to forecast the optimal quantity and the corresponding timeframe, thereby minimizing the overall cost. Rigorous validation of the model's outcomes is undertaken through sensitivity analysis utilizing MATLAB R2017b software, ensuring the robustness and reliability of the findings. [ABSTRACT FROM AUTHOR]