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EOQ Model with Time Dependent Holding Cost under Trade Credits

Author Affiliations

  • 1Dept of Mathematics, College of Military Engineering, Pune, 411 031, MH, INDIA
  • 2Department of Computer Science, Christ College, Pune, 411 014, MH, INDIA

Res. J. Recent Sci., Volume 4, Issue (7), Pages 87-92, July,2 (2015)

Abstract

In this paper we have developed a deterministic inventory model with constant demand with variable holding cost under Trade Credit. Here we have considered shortages are allowed and the deterioration is assumed as function of time. Suitable numerical example and sensitivity analysis is also carried out at the end.

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