An Eoq (Economic Order Quantity) Model for Linearly Time Dependent Deterioration with Quadratic Time Dependent Demand and Quadratic Time Dependent Shortages

Abstract

In this study, An EOQ model is developed with quadratic time dependent demand. Deterioration is consider linearly time dependent. Shortages are allowed with quadratic time dependent to meet the demand. The mathematical model is developed for finding the optimal total inventory cost. Numerical example is given to authenticate to proposed the model.