Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If you need an accessible version of this item please contact JSTOR User Support

An EOQ Model for Deteriorating Items with Time Varying Demand and Costs

B. C. Giri, A. Goswami and K. S. Chaudhuri
The Journal of the Operational Research Society
Vol. 47, No. 11 (Nov., 1996), pp. 1398-1405
DOI: 10.2307/3010205
Stable URL: http://www.jstor.org/stable/3010205
Page Count: 8
  • Get Access
  • Cite this Item
If you need an accessible version of this item please contact JSTOR User Support
An EOQ Model for Deteriorating Items with Time Varying Demand and Costs
Preview not available

Abstract

A generalized EOQ model for deteriorating items is considered here in which the demand rate, deterioration rate, holding cost and ordering cost are all assumed to be continuous functions of time. Shortages are also allowed and are completely backlogged. The planning horizon is finite and the replenishment periods are assumed to be constant. The optimal replenishment policy and the decision rule which minimizes the total system cost are derived. A numerical example is given to illustrate the developed model. Sensitivity analysis is also presented for the given model.

Page Thumbnails

  • Thumbnail: Page 
[1398]
    [1398]
  • Thumbnail: Page 
1399
    1399
  • Thumbnail: Page 
1400
    1400
  • Thumbnail: Page 
1401
    1401
  • Thumbnail: Page 
1402
    1402
  • Thumbnail: Page 
1403
    1403
  • Thumbnail: Page 
1404
    1404
  • Thumbnail: Page 
[1405]
    [1405]