Inventory Mode! for Deterioratings Items with Quadratic Demand Rate and constant .
‘An investigation of nmili-warchouse inventory problem with different deterioration effects under
inflation bas been done in [1] A multi-item inventory problem and multi-objective optimization prablem was
proposed in [2]. Similarly, a multi-criteria decision making approach for a mult-item inventory model over
infinite horizon with price dependent demand ratc and without shortages is discussed in [9]
Many researchers developed! inventory models with time dependent holding cost with or without
shortages. An economic order quantity model with deterioration considered as Parcto distribution with linear
demand and shortages is presented in [13]. A deterministic inventory model with time dependent demand and
time dependent holding cost where shortages arc allowed and partially backlogged is developed in [4]. An EPQ
Model under constant amelioration with exponential demand rate and completely backlogged shortages is
suggested in [8].
II. Notations
|We consider the following notations for the mathematical model used:
Lt): On-hand inventory level at ume (0- 0)
3. @(t) = aft is the two parameter Weibull deterioration rate in the time interval (0, T]; where aris
scale parameter (0 0)
Replenishment rate is infinite and instamtancous.
‘The lead time is zero.
Shortages are not allowed.
‘Time horizon i infinite.
[No repair or replacement of the deteriorated items takes place during a given