Article Details : |
| | Article Name : | | Production Inventory Model of Delayed Deteriorating Items under Trade Credit | Author Name : | | Nasiru Abdullahi, Zahrau Aminu Mahmud, Abdulrashid Abu Safiyan | Publisher : | | Bridge Center | Article URL : | | | Abstract : | | This study analyzes the optimal production model for delayed deteriorating items. The study employed an analytical method to minimize total variable cost method for efficiency and also to determine best circle length for the purpose of the inventory. It is indicated that there were no shortages and production level is greater than the demand level. Hence, number example was utilized to show the application of the model. However, sensitivity examination was practically done to check the sensitivity of some system parameter of the model. | Keywords : | | Holding cost, Demand level, Production level, Trade credit, Delayed deterioration |
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