Optimal production cycle time for inventory model with linear time dependent exponential distributed deterioration

• Published in: Journal of intelligent & fuzzy systems Vol. 30; no. 2; pp. 1243 - 1248
• Main Authors: Baten, Md. Azizul, Khalid, Ruzelan
• Format: Journal Article
• Language: English
• Published: London, England SAGE Publications 09.02.2016
• Subjects: exponential distribution; performance measure; constant demand; linear time dependent deterioration; Inventory-production model

We study an inventory system with linear time varying exponential distributed deterioration in which production and demand rates are constant. The mathematical model is developed to obtain the total cost per unit time of an inventory system. The inventory controlling systems in terms of first order...