Abstract
In this research, present an inventory model with non-instantaneous deterioration rate is consider i.e. depend on time. The purpose of this paper is to deliver a comparative study of diverse probabilistic environment, where demand is considered as a random variable follows probabilistic distributions. Shortages are allowed. The anticipated model is conveyed to highest profit of the formation. Mathematical analysis is carried out at the end to validate models. A parametric analysis is accomplished to explore the impact of key parameters.
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