• AN INVENTORY MODEL FOR WEIBULL TIME-DEPENDENT DEMAND RATE WITH COMPLETELY BACKLOGGED

R. Babu Krishnaraj*, K. Ramasamy

Abstract


This paper deals with the developing of an inventory model with time-dependent Weibull demand rate, where shortages are allowed.  Here we have considered shortages are completely backlogged. The production rate is assumed to be finite and proportional to the demand rate.  The time dependent demand follows Two-parameter Weibull distribution.


Keywords


Inventory, Economic Order Quantity, Demand, Shortages, Weibull distribution.

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