Abstract
In present paper an inventory model is produced for immediate transient things with cubical polynomial time function demand rate and pareto type perishable rate with permissible delay in payments. Deficiencies are permitted and partially backlogged for the next replenishment cycle. Holding cost is linear function of time. The fundamental motivation of this paper is to examine the retailer’s ideal strategy that minimizes the retailer’s yearly total cost per unit time under reasonable deferral in instalments inside the EOQ structure. Numerical results are shown for proposed model. Sensitivity investigation of the ideal arrangements regarding various parameters is examined.
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