On a Discrete-in-Time Order-Level Inventory Model for Deteriorating Items |
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Authors: | Upendra Dave |
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Affiliation: | 1.Department of Statistics,Gujarat University,Ahmedabad,India |
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Abstract: | An Order-Level inventory model continuous in units and discrete in time is developed for deteriorating items. The model is developed under deterministic demand and instantaneous delivery. Deterioration is assumed to be a constant fraction of the onhand inventory. An example is given to illustrate the model. |
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