Decaying Objects of Constant Demand Speed and Dependent of Time Within Permitted Delay in Imbursement of the Model of Inventory Level

Jasvinder Kaur,Arun Kumar

doi:10.1007/978-981-10-5903-2_73

Decaying Objects of Constant Demand Speed and Dependent of Time Within Permitted Delay in Imbursement of the Model of Inventory Level

Jasvinder Kaur, Arun Kumar

https://doi.org/10.1007/978-981-10-5903-2_73

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Publication Date: Jan 1, 2018

Citations: 1

Affiliation: Dehradun Institute of Technology University, Sanjivani Super Speciality Hospitals

#Late Payment #Economic Order Quantity + Show 8 more

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Abstract

This paper has an economic order quantity (EOQ) replica which is generated used for a decaying products having time dependent on demand. If late payment is allowable decaying value is considered to be fixed and time dependent on demand value is assumed to be a constant function of time. Models of mathematics is also taken from the two dissimilar cases, that is, for case (1): The financial standing time period is equal to or less than to the sequence time period used for an account settlement and for case (2): The financial standing time period is greater than the sequence time period used for an account settlement. And the outcomes are explained with mathematical examples. Explanation for analyzing a time constant demand and allowable late payment are tacked about.

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