Vol. 1, Issue 2 (2016)
A study of inventory models for deteriorating items with shortages
Author(s): Priya Arora
Abstract: Inventory modeling is an important part of Operation Research, which may be used in variety of problems. To make it applicable in real life situations researchers are engaged in modifying the existing models on different parameters under various circumstances. This paper reviewed the inventory models with shortages of different types for deteriorating items with different demand patterns and proposed future need of research in this direction.
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