Present Value Formulation of Economic Lot-Size Model for Inventory System with Variable Deteriorating Rate of Items
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1,247 citations
"Present Value Formulation of Econom..." refers background in this paper
...Raafat (1991), Shah and Shah (2000), and Goyal and Giri (2001) gave up-to-date survey of literature for inventory models when units in inventory are subject to deterioration....
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...Hence, relation (6) is minimum for the obtained value of T....
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812 citations
"Present Value Formulation of Econom..." refers background in this paper
...Raafat (1991), Shah and Shah (2000), and Goyal and Giri (2001) gave up-to-date survey of literature for inventory models when units in inventory are subject to deterioration....
[...]
705 citations
180 citations
"Present Value Formulation of Econom..." refers background in this paper
...Chakrabarty et al (1998) derived model for deteriorating items with instantaneous supply, trended demand and shortages in inventory....
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..., R Q(t) (t) t d Q(t) d − = +θ T t 0 ≤ ≤ (1)...
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109 citations
"Present Value Formulation of Econom..." refers methods in this paper
...Trippi and Lewin (1974) gave the discounted cash-flows (DCF)/(Net Present Value (NPV)) approach for the analysis of the basic EOQ model....
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