Abstract
This paper has an economic order quantity (EOQ) replica which is generated used for a decaying products having time dependent on demand. If late payment is allowable decaying value is considered to be fixed and time dependent on demand value is assumed to be a constant function of time. Models of mathematics is also taken from the two dissimilar cases, that is, for case (1): The financial standing time period is equal to or less than to the sequence time period used for an account settlement and for case (2): The financial standing time period is greater than the sequence time period used for an account settlement. And the outcomes are explained with mathematical examples. Explanation for analyzing a time constant demand and allowable late payment are tacked about.
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Kaur, J., Kumar, A. (2018). Decaying Objects of Constant Demand Speed and Dependent of Time Within Permitted Delay in Imbursement of the Model of Inventory Level. In: Singh, R., Choudhury, S., Gehlot, A. (eds) Intelligent Communication, Control and Devices. Advances in Intelligent Systems and Computing, vol 624. Springer, Singapore. https://doi.org/10.1007/978-981-10-5903-2_73
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DOI: https://doi.org/10.1007/978-981-10-5903-2_73
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