An EOQ Model for Deteriorating Items with Linear Demand, Variable Deterioration and Partial Backlogging

Trailokyanath Singh, Hadibandhu Pattnayak

Department of Mathematics, C. V. Raman College of Engineering, Bhubaneswar, India.
Department of Mathematics, Sailabala Women’s College, Cuttack, India..

DOI: 10.4236/jssm.2013.62019                

Abstract

In this paper, an economic order quantity (EOQ) model is developed for deteriorating items with linear demand pattern and variable deterioration rate. Shortages are allowed and partially backlogged. The backlogging rate is variable and dependent on the waiting time for the next replenishment. The objective of the model is to develop an optimal policy that minimizes the average total cost. The numerical example is used to illustrate the developed model. Sensitivity analysis of the optimal solution with respect to various parameters is carried out.

Keywords

Deteriorating Items; Economic Order Quantity (EOQ); Linear Demand; Partial Backlogging; Variable Deterioration Rate

Conflicts of Interest

The authors declare no conflicts of interest.

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