An inventory model of delayed deteriorating items with unconstrained retailer’s capital stock dependent increasing demand and total back ordering

Abstract

In this paper, an attempt is employed, to develop an Economic Order Quantity (EOQ) inventory model of delayed deteriorating items with unconstrained retailer’s capital stock dependent increasing demand and total back ordering. The model determines the best cycle length with assumptions that replenishment is instantaneous and lead time is zero. Numerical examples were provided to illustrate the application of the model developed.