1Research Scholar, Baba Mast Nath University, Asthal Bohar, Rohtak (Haryana)
2Visiting Professor, Department of Mathematics, M.M. University Mullana, Ambala
3Professor & Registrar, B.M. University, Asthal Bohar, Rohtak (Haryana)
*E-mail: hrkyadav12@gmail.com
Online published on 28 May, 2020.
In the present study, an inventory cost models for weibull rate of deteriorating items with constant holding cost and quadratic demand rate, partial backlogging over a time horizon is proposed. The demand rate is considered as quadratic function of time. Shortages are allowed and partially backlogging case is discussed. The main objective of this paper is to minimize the total cost per unit time in an inventory system. Numerical problems are presented to demonstrate the result. Also, the effect of changes in different parameters on optimal total cost is graphically presented.
Weibull deterioration, quadratic demand, holding cost, shortages, Partial backlogging