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- W3169967528 abstract "Demand is the main factor of inventory models in supply chain management and is classified into two types, namely, dependent and independent. The demand for a product is heavily influenced by time after launching, wherein some deteriorating items have faced inevitable consequences. Therefore, various time-dependent demand functions, their advantages, and disadvantages are explored to help determine the application of each model. Also, the functions are categorized into four cases: (i) linear time-dependent demand, (ii) exponential time-dependent demand, (iii) quadratic time-dependent demand, and (iv) ramp-type time-dependent demand, which are also examined in terms of mathematical modeling in this chapter. The functions will help decision-makers meet consumer demand well and efficiently as the market demand has been affected with time. Furthermore, two real case studies along with their optimization models are provided to show how the demand rate changes over time. Finally, a comprehensive research trend and some directions for future research are outlined." @default.
- W3169967528 created "2021-06-22" @default.
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- W3169967528 date "2021-06-08" @default.
- W3169967528 modified "2023-09-25" @default.
- W3169967528 title "Demand Sensitivity to Time" @default.
- W3169967528 doi "https://doi.org/10.1201/9781003107446-10" @default.
- W3169967528 hasPublicationYear "2021" @default.
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