A Deterministic Inventory Model with Biquadratic Demand, Variable Deterioration Rate and Carrying Cost

Abstract

In this paper, a Deterministic Model is evolving for the items decline by Demand as well as by Deterioration, where we take Demand as a Biquadratic Polynomial function of Time with Variable rate of Deterioration   and  linear   carrying   cost. Here , Shortage is allowing and fully backlogging. An Organization can use this model where demand increases with time biquadratically with the variable rate of Deterioration.