ZENITH International Journal of Multidisciplinary Research

  • Year: 2018
  • Volume: 8
  • Issue: 5

An Approach to Positive Reflectance on Inventory Cost by Developing Eoq Model with Linear Demand by Weibull Distribution Deteriorating Items and Partial Backlogging

  • Author:
  • Garima Sharma, Bhawna Vyas
  • Total Page Count: 9
  • DOI:
  • Page Number: 125 to 133

*Assistant Professor, Department of Mathematics, Mody University, Lakshmangarh, Sikar, Rajasthan, India

**Student, M. Sc. (Mathematics), Mody University, Lakshmangarh, Sikar, Rajasthan, India

Abstract

This paper presents a deterministic inventory model with Weibull distribution for the variable Deteriorating items when the demand rate is considered as a linear function of time, in which shortages are acquiesce and partially backlogged. And backlogging rate is also considered as a variable parameter and it only depends upon the next replenishment. The model is then solved for optimal solution to minimize the total inventory cost. Also checked the convexity of the total cost function through the help of graph by using maple 15. A numerical sample is considered to find out the solution.

Keywords

Demand, Deteriorating Products, Inventory, Linear Demand, Partial Backlogging and Shortages