%0 Journal Article
%T A finite time-horizon deterministic EOQ model with stock-dependent demand, effects of inflation and time value of money with shortages in all cycles
%A Roy T.
%A Chaudhuri K.S.
%J Yugoslav Journal of Operations Research
%D 2007
%I University of Belgrade
%R 10.2298/yjor0702195r
%X A finite time-horizon deterministic inventory model is developed, taking the demand rate at any instant to be a function of the on-hand inventory (stock-level) at that instant. Shortages in inventory are allowed. The effects of inflation and time value of money are considered. Two separate inflation rates: namely, the internal (company) and the external (general economy) are introduced. A numerical example of the model is discussed. A sensitivity analysis of the optimal solution with respect to the parameters of the model is examined.
%K inventory
%K stock-dependent demand
%K shortage
%K inflation
%K time value of money
%U http://www.doiserbia.nb.rs/img/doi/0354-0243/2007/0354-02430702195R.pdf