An inventory model for deteriorating items with time-proportional demand and shortages under inflation and time discounting

Keyphrases

• Demand Rate 50%
• Deteriorating Items 100%
• Dynamic Programming Model 50%
• Finite Planning Horizon 50%
• Fixed Order 50%
• Fixed Service 50%
• Generalized Dynamics 50%
• Inflation 100%
• Inventory Item 50%
• Inventory Model 100%
• Inventory System 50%
• Numerical Comparison 50%
• Numerical Examples 50%
• Optimization Model 50%
• Order Cycle 50%
• Order Interval 50%
• Present Worth 50%
• Replenishment 100%
• Service Level 100%
• Solution Procedure 50%
• Time Discounting 100%
• Time Value of Money 50%
• Weibull 50%

Mathematics

• Inventory Model 100%
• Numerical Example 100%
• Order Interval 100%
• Planning Horizon 100%
• Total Cost 100%

Economics, Econometrics and Finance

• Dynamic Programming 50%
• Economy of Time 50%
• Inflation 100%
• Inventory Model 100%