2018, Vol. 3, Issue 2, Part H
Solving a cash flow oriented EOQ model under permissible delay in payment using Matlab
Author(s): T Jagan
Abstract: In this paper an inventory model to determine an optimal ordering policy for non
-determining items and time dependent demand rate with delay in payments permitted by the supplies under inflation and time discounting. The permissible delay period ≤ replacement cycle period for setting the account. The objective is minimize the total present value of the cost over time horizon using MATLAB program.
Pages: 607-613 | Views: 1015 | Downloads: 12Download Full Article: Click HereHow to cite this article:
T Jagan. Solving a cash flow oriented EOQ model under permissible delay in payment using Matlab. Int J Stat Appl Math 2018;3(2):607-613.
