December 2025
Original scientific article
A TWO – ECHELON INVENTORY MODEL FOR DETERIORATING ITEMS WITH RAMP – TYPE DEMANDS AND VARIABLE HOLDING COSTS
It presents a dynamic model of inventory management of the deteriorating items with time-sensitive demand and variable holding costs. The model is used to solve the problem in industries where demand is seasonal or because of other external conditions, like weather or market conditions. A two-tier inventory model is implemented as a way of minimizi...
By Prashant Sharma, Birendra Kumar Chauhan, Gajraj Singh