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Home > Archives > Volume 20, No 8 (2022) > Article

DOI: 10.14704/nq.2022.20.8.NQ22975

AN INVENTORY MODEL FOR DETERIORATING ITEMS WITH EXPONENTIAL DECLINING DEMAND

MS MINI VERMA, DR CHINTAMANI TIWARI

Abstract

This review proposes an EOQ inventory numerical model for deteriorating items with dramatically diminishing interest. In the model, the deficiencies are permitted and to some extent put in a rain check for. The accumulating rate is variable and ward on the hanging tight an ideal opportunity for the following recharging. Further, we show that the limited target cost work is together arched and infer the ideal arrangement. A mathematical model is introduced to outline the model and the affectability examination is additionally considered.

Keywords

Inventory, deteriorating items, exponential declining demand,

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