PANDA, S.; SAHA, S.; BASU, M. - In: Asia-Pacific Journal of Operational Research (APJOR) 24 (2007) 01, pp. 93-109
An inventory model is discussed with generalized ramp-type demand where the time to deterioration follows Weibull distribution. Shortages of inventories are allowed and completely backlogged. Total cost is derived by trading off setup cost, holding cost, deterioration cost, and shortage cost....