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Research ArticleOpen accessIn the author namesPolicy Decisions for a Price Dependent Demand Rate Inventory Model with Progressive Payments SchemeMukesh Kumar, Rajat KumarProblem statement: In this proposed research, we developed an inventory model to formulate an optimal ordering policies for supplier who offers progressive permissible delay periods to the retailer to settle his/her account. We assumed that the annual demand rate as a decreasing function of price with constant rate of deterioration and time-varying holding cost. Shortages in inventory are allowed which … …Journal of Mathematics and Statistics, Vol. 8, Issue 1 · 17 Feb 2012 · 7,048 accessesView PDF Cite

1 article for “Mukesh Kumar”