An Inventory Model with Two-Component Demand Rate and Shortages |
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| Authors: | Karabi Paul T K Datta K S Chaudhuri A K Pal |
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| Institution: | 1.Karimganj College,Assam,India;2.Regional Engineering College,Assam,India;3.Jadavpur University,Calcutta,India |
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| Abstract: | The article investigates a deterministic inventory system with two-component demand rate. The demand rate is stock-dependent down to a certain level and then constant. Shortages are allowed and are fully backlogged. The storage space is assumed to be limited. A flowchart is provided to solve a general system. To study the effects of changes in the system parameters on the average net profit a sensitivity analysis has been performed. |
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