European Journal of Molecular & Clinical Medicine

Abstract

Deterministic inventory model for deteriorating items with stock dependent demand is
developed. In this model the shortages are allowed and partially backlogged and the effect
of inflation rate and delay in payments are discussed. This paper establishes an inventory
model for the deteriorating items and stock dependent demand rate under inflation when
the supplier offers a permissible delay to the purchaser. A sensitivity analysis of the optimal
solution with respect to the parameters of the system is carried out.