REPLENISHMENT POLICY FOR TIME DEPENDENT DETERIORATING ITEMS UNDER CREDIT FINANCING

Authors

  • Bhavin J. Shah Department of Mathematics and Statistics, “B.K. Majmudar” Institute of Business Administration – H.L.B.B.A. Navrangpura, Ahmedabad - 380009, Gujarat,
  • Nita H. Shah Department of Mathematics, Gujarat University, Ahmedabad – 380009, Gujarat
  • Y. K. Shah Department of Statistics, Gujarat University, Ahmedabad – 380009, Gujarat

Keywords:

Time dependent deterioration of units, Discounted cash flows (DCF), Trade credit

Abstract

A time dependent deteriorating inventory model is developed for a deterministic inventory system with constant demand in the presence of trade credit. The discounted cash flows (DCF) approach is used for the problem analysis, which allows a proper recognition of the financial implication of the opportunity cost and out – of – pocket costs. It also permits an explicit algo rithm of the exact timing of cash – flows associated with an inventory system. A numerical example is considered to a give comprehensive sensitivity analysis of the developed model

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Published

2023-06-10

How to Cite

Shah, B. J., Shah, N. H., & Shah, Y. K. (2023). REPLENISHMENT POLICY FOR TIME DEPENDENT DETERIORATING ITEMS UNDER CREDIT FINANCING. Investigación Operacional, 27(1). Retrieved from https://revistas.uh.cu/invoperacional/article/view/6418

Issue

Vol. 27 No. 1 (2006): Investigacion Operacional

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

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