Inventory Model for Deteriorating Items with Four level System and Shortages

@inproceedings{Tripathi2014InventoryMF,
  title={Inventory Model for Deteriorating Items with Four level System and Shortages},
  author={R. P. Tripathi},
  year={2014}
}
This paper presents an inventory model for deteriorating items in which shortages are allowed. It is assumed that the production rate is proportional to the demand rate. The production rate is considered to be greater than demand rate. The inventory model is developed by considering four different circumstances. The optimal of the problem is obtained with the help of Mathematica 7 software. Numerical example is given to illustrate the model. Sensitivity analysis of the model has been developed… CONTINUE READING

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