Volume : VIII, Issue : VI, June - 2018

An EOQ model with Two Levels of storage and Temporary Stock Dependent Demand

Dr. G. S. N. Reddy, Prof. K. V. S. Sarma

Abstract :

This paper deals with a deterministic inventory model where the demand is the stock dependent for some time immediately after the arrival of stock.  The duration of the dependency is considered as a random variable with known distribution.  The EOQ is determined for the case when there is a limitation on the storage space, leading to L₂–system.  The feasibility conditions and the sensitivity of the EOQ due to duration of the StockDependent Demand (SDD) and the stock dependency factor have been explored.  The conditions which recommend the use ofL­₂–system are also derived.

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. G.S.N. Reddy, Prof. K.V.S. Sarma, An EOQ model with Two Levels of storage and Temporary Stock Dependent Demand, INDIAN JOURNAL OF APPLIED RESEARCH : Volume-8 | Issue-6 | June-2018

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