An EOQ Model for Quadratic Demand Rate, Parabolic Deterioration, Time Dependent Holding Cost with Partial Backlogging


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Authors

  • N. K. Sahoo Department of Mathematics, S.S.S. Mahavidyalaya, Gaudakateni, Dhalpur, Dhenkanal, India
  • P. K. Tripathy P.G. Department of Statistics, Utkal University, Vani Vihar, Bhubaneswar, India

Keywords:

Quadratic Demand Rate, Deterioration Rate, Partial Backlogging

Abstract

An economic order quantity model has been developed for deteriorating items with demand rate as a quadratic function of time. In the model, deterioration rate and holding cost are time dependent. The inventory shortage is discussed and partially backlogged. The backlogging rate is dependent on the waiting time for the next replenishment. Results are illustrated with numerical example along with sensitivity analysis for the model with respect to various parameters is carried out.

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Published

20-01-2018

How to Cite

N. K. Sahoo, & P. K. Tripathy. (2018). An EOQ Model for Quadratic Demand Rate, Parabolic Deterioration, Time Dependent Holding Cost with Partial Backlogging. International Journal of Mathematics And Its Applications, 6(1 - B), 325–332. Retrieved from http://ijmaa.in/index.php/ijmaa/article/view/928

Issue

Vol. 6 No. 1 - B (2018)

Section

Research Article

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.