Журнал прикладной и вычислительной математики

EOQ Model for Constant Demand Rate with Completely Backlogged and Shortages

Abstract

R. P. Tripathi and Neha Sang

This paper presents an EOQ model with constant demand rate for non deteriorating items where shortages are allowed. In this paper shortages are considered as completely backlogged. The production rate is assumed to be proportional to demand rate and finite. The optimal solution of the model has been done for finding optimal time, optimal average cost by considering four different situations. Numerical example and sensitivity analysis is given to illustrate the proposed model.