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A single item, single cycle economic production quantity model for perishable products is proposed where the demand is two-component and stock dependent. The production inventory scenario of products like cake, bread, fast foods, fishes, garments, cosmetics etc in the festival season is...
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Impact of display stock has been extensively discussed in literature in terms of stock dependent demand rate. In some recent papers a three-component inventory level dependent demand (as displayed stock level (DSL)) has been proposed. It has been assumed that demand is independent of...
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