UN MODELO DE INVENTARIO PARA NO INSTANTÁNEO ARTÍCULO DETERORADO BAJO COMERCIO PROGRESIVO POLITICA DE CREDITO

Chandra K. Jagg; Monalisha Tripathy; Anuj Kumar Sharma; Geetanjali Sharma

AN INVENTORY MODEL FOR NON-INSTANTANEOUS DETERIORATING ITEM UNDER PROGRESSIVE TRADE CREDIT POLICY

Authors

Chandra K. Jagg Department of Operational Research, Faculty of Mathematical Sciences, New Academic Block, University of Delhi, Delhi 110007, India
Monalisha Tripathy Department of Mathematics and Statistics, Banasthali Vidyapith, Newai, Rajasthan 304022, India
Anuj Kumar Sharma Department of Mathematics, Shyam Lal College, University of Delhi, Delhi 110032, India
Geetanjali Sharma Department of Mathematics and Statistics, Banasthali Vidyapith, Newai, Rajasthan 304022, India

Keywords:

Inventory Theory, Non-Instantaneous Deterioratio, Progressive Trade Credit, Different Financial Scenario, EOQ

Abstract

In this paper, authors consider optimal replenishing strategies for constant demand in various financial scenarios by considering non-instantaneous deteriorating item under the progressive trade credit policy. The aim of this work is to develop a cost function for various situations depending on the trade credit period in economic environment. An algorithm is established to obtain the average cost, the replenishment time and the optimal order quantity. A thorough sensitivity analysis was carried out to assess the importance of the model.

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Published

2024-06-05

How to Cite

K. Jagg, C., Tripathy, M., Kumar Sharma, A., & Sharma, G. (2024). AN INVENTORY MODEL FOR NON-INSTANTANEOUS DETERIORATING ITEM UNDER PROGRESSIVE TRADE CREDIT POLICY. Investigación Operacional, 41(6). Retrieved from https://revistas.uh.cu/invoperacional/article/view/9410