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Exponential Time-Dependent Demand (EOQ) Model for Decaying Goods with Shortages

Ayan Chakraborty1

Section:Research Paper, Product Type: Journal Paper
Volume-11 , Issue-01 , Page no. 197-200, Nov-2023

Online published on Nov 30, 2023

Copyright © Ayan Chakraborty . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IEEE Style Citation: Ayan Chakraborty, “Exponential Time-Dependent Demand (EOQ) Model for Decaying Goods with Shortages,” International Journal of Computer Sciences and Engineering, Vol.11, Issue.01, pp.197-200, 2023.

MLA Style Citation: Ayan Chakraborty "Exponential Time-Dependent Demand (EOQ) Model for Decaying Goods with Shortages." International Journal of Computer Sciences and Engineering 11.01 (2023): 197-200.

APA Style Citation: Ayan Chakraborty, (2023). Exponential Time-Dependent Demand (EOQ) Model for Decaying Goods with Shortages. International Journal of Computer Sciences and Engineering, 11(01), 197-200.

BibTex Style Citation:
@article{Chakraborty_2023,
author = {Ayan Chakraborty},
title = {Exponential Time-Dependent Demand (EOQ) Model for Decaying Goods with Shortages},
journal = {International Journal of Computer Sciences and Engineering},
issue_date = {11 2023},
volume = {11},
Issue = {01},
month = {11},
year = {2023},
issn = {2347-2693},
pages = {197-200},
url = {https://www.ijcseonline.org/full_spl_paper_view.php?paper_id=1433},
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
UR - https://www.ijcseonline.org/full_spl_paper_view.php?paper_id=1433
TI - Exponential Time-Dependent Demand (EOQ) Model for Decaying Goods with Shortages
T2 - International Journal of Computer Sciences and Engineering
AU - Ayan Chakraborty
PY - 2023
DA - 2023/11/30
PB - IJCSE, Indore, INDIA
SP - 197-200
IS - 01
VL - 11
SN - 2347-2693
ER -

           

Abstract

In this model, over a predetermined planning period, we study the inventory replenishment strategy for a depreciating good with an exponential time demand function. To reduce the average system cost, the amount of reorders, the gap between reorders, and the gaps between shortages within a given time frame are all estimated. How the approach works is demonstrated by one numerical example. Considering its sensitivity, the significance of the various variables in this model is assessed.

Key-Words / Index Term

Deterioration, Exponential Demand ,Shortages

References

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