An inventory Model for deteriorating items with Weibull Deterioration with Time Dependent Demand and Shortages

Abstract

This paper deals with in developing an inventory model for deteriorating items, the rate of deterioration follow the Weibull distribution with two parameters. The demand rate is assumed of time dependent. The shortages are allowed and shortages are completely backlogged. The numerical example is given to illustrate the model developed. The model is solved analytically by maximizing the total profit.