Mathematical analysis and development of inventory models in a deterministic environment with characteristic evaluation
Author(s): Phool Chandra and KB Gupta
Abstract: This paper presents an analytical investigation into classical and modern inventory models under deterministic environments. The work includes the study of EOQ, EPQ, deteriorating inventory models, and trade credit-based models, followed by the development of a new deterministic model incorporating nonlinear holding costs and time-dependent demand. The characteristics of these models are analyzed using mathematical tools and sensitivity analysis.
Phool Chandra, KB Gupta. Mathematical analysis and development of inventory models in a deterministic environment with characteristic evaluation. Int J Stat Appl Math 2025;10(6):122-127. DOI: 10.22271/maths.2025.v10.i6b.2065
