期刊名称:International Journal of Computer Science & Technology
印刷版ISSN:2229-4333
电子版ISSN:0976-8491
出版年度:2012
卷号:3
期号:4
页码:288-292
语种:English
出版社:Ayushmaan Technologies
摘要:We have undertaken to extend the idea of Hou by taking Weibull form of three parameter deterioration. This is the most practical form of deterioration as it gives scope to consider various forms of deterioration. Also, Hou has considered stock-dependent demand, which although is very practical, but becomes unrealistic when taken in the context of some products such electronic equipments amd mobile phones. The demand of such products do not depend on the amount stocked but keeps on increasing with time, due to increasing dependence of people on technology. Hence, in this paper, we have taken exponential demand and studied the effects of inflation on a weibull distribution deteriorating inventory.