An EOQ model with time-dependent increasing demand under jit philosophy for a distributor/agent

S. S. Sana

Department of Mathematics, Bhangar Mahavidyalaya University of Calcutta, West Bengal, India

Abstract: This article generalizes an EOQ model for a distributor/agent with Just-in-Time (JIT) philosophy. It is assumed that the demand of seasonal goods is an increasing function of time. The optimality condition of the associated objective function is derived analytically. Also, the model is illustrated with the numerical examples.

UDC: 519.86

MSC: 90B05

Received: 30.10.2004

Language: English

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