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All Journal International Journal of Integrative Sciences
Arun Krushna Padhihari
Research Scholar, Department of Mathematics, CT University, Ludhiana, India
Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Industrial & Manufacturing Engineering Social Sciences

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Optimization Policies for Inventory Model with Deterministic Demand Based on Selling Price and Promotional Efforts Under Inflationary Conditions Rupali Jindal; Arun Krushna Padhihari; Leena Prasher
International Journal of Integrative Sciences Vol. 1 No. 1 (2022): Desember 2022
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (392.778 KB) | DOI: 10.55927/ijis.v1i1.2986

Abstract

This paper constructs an economic order quantity model considering demand dependent upon selling price, time and promotional eorts made by the firm/sales team. Items ar deteriorating with a constant rate.The cost for holding the items is taken as constant. Cost of advertisement is assumed to be quadratic function of marketing eorts. The objective of the paper is to determine economic replenishment quantity in inationary conditions so as to maximize prot. Numerical example is presented to illustrate the theory. Graphical presentation is made to describe the optimality of the model with suitable sensitivity analysis
Co-Authors Leena Prasher Rupali Jindal