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- W3196193860 abstract "The collaboration of inflation or reverse money on the production inventory system is one of the major key factors for successful supply chain management. Here, demand rate of items is increasing with time and decreasing with proportion of selling price which is effective strategy for the market change. The developed model designed for shortages is considered partially backlogged where backlogging rate is decreasing with waiting time. Considering inflation on various costs is providing more reliable result due to real-life problem. This study presents the impact of inflation on production inventory model for deteriorating items with time and selling price-dependent demand under shortages. After that, to illustrate the model, numerical example is provided and solved. At the end, sensitivity analysis is introduced to show the validity and optimality of proposed study in order to analyse the effect of changes of different key parameters." @default.
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- W3196193860 date "2021-01-01" @default.
- W3196193860 modified "2023-09-28" @default.
- W3196193860 title "Impact of Inflation on Production Inventory Model with Variable Demand and Shortages" @default.
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- W3196193860 doi "https://doi.org/10.1007/978-981-16-1729-4_3" @default.
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