A Production Inventory Model for Weibull Deteriorating Items with Two Components of Demand Rate
Sushil Kumar1,Uday Singh Rajput2
Citation : Sushil Kumar,Uday Singh Rajput, A Production Inventory Model for Weibull Deteriorating Items with Two Components of Demand Rate International Journal of Scientific and Innovative Mathematical Research 2018 , 6(3) : 29-37
The present paper deals a production inventory model for weibull deteriorating items with constant and exponential demand rate. The products of this model have been considered to have finite life and small amount of decay. The rate of production is constant. The production starts with zero inventory level and stop at a desired maximum inventory level. The purpose of our study is to optimizing the total variable inventory cost. A numerical example is also given to demonstrate the developed model.