An Inventory Model for Perishable Items with Cubic Deterioration Rate Having Shelf-Life Price, Stock, and Time-Dependent Demand Rate

被引：0
|
作者：
Paul K.C. [1 ]
Sahoo C.K. [2 ]
Sarangi M.R. [3 ]
机构：
[1] Research Scholar, GIET University, Odisha, Gunupur, Raygada
[2] Department of Mathematics, GIET, Odisha, Ghangapatna
[3] Department of Mathematics, GIET University, Odisha, Gunupur, Raygada
来源：
SN Computer Science | / 5卷 / 4期
关键词：
Cubic deterioration; Inventory; Lifetime demand rate; Linear holding cost;
D O I：
10.1007/s42979-024-02676-w
中图分类号：
学科分类号：
摘要：
In this context, efficient and effective inventory management of perishable commodities is required to reduce losses due to deterioration. Furthermore, several factors such as shelf-life pricing, stock, and time-dependent influence product demand. The deterioration rate is taken as cubic function. As a result of this study, an inventory model for perishable components is developed that is confined by both physical and freshness condition degradations. In addition, the holding cost is modelled as a constant function of time. Some numerical examples are presented to demonstrate the use the inventory model. Finally, a sensitivity analysis is performed in order to see the optimal solution with respect to varying parameters. © The Author(s), under exclusive licence to Springer Nature Singapore Pte Ltd 2024.
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