Record Details

An Inventory Model for Deteriorating Items with Permissible Delay in Payment and Inflation Under Price Dependent Demand

Pakistan Journal of Statistics and Operation Research

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Field Value
 
Title An Inventory Model for Deteriorating Items with Permissible Delay in Payment and Inflation Under Price Dependent Demand
 
Creator Pal, Manisha; Department of Statistics
University of Calcutta, India
Maity, Hare Krishna; Department of Statistics
University of Calcutta, India
 
Subject Statistics
Inventory; Delay in payment; Deteriorating items; Backlogging of shortage; Selling price dependent demand; Inflation.

 
Description The paper studies an inventory model for deteriorating items when demand for the item is dependent on the selling price. Shortages are allowed and backlogged, and price inflation is taken into consideration. Further, it is assumed that the supplier permits the inventory manager to settle his accounts within a given specified time period. Numerical examples are cited to illustrate the model and to study the sensitivity of the model to change in model parameters.
 
Publisher College of Statistical and Actuarial Sciences
 
Contributor
 
Date 2012-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.pjsor.com/index.php/pjsor/article/view/529
10.18187/pjsor.v8i3.529
 
Source Pakistan Journal of Statistics and Operation Research; Vol 8. No. 3, 2012; 583-592
2220-5810
1816-2711
 
Language eng
 
Relation http://www.pjsor.com/index.php/pjsor/article/view/529/261