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Models of Perishable Stock for Stock-Dependent Quadratic Demand in the Presence of Inflation

Mandeep Singh Corresponding Author

Department of Mathematics, Shyamlal Saraswati Mahavidyalaya, Shikarpur, Bulandshahr, Uttar Pradesh, India

Department of Mathematics, Shyamlal Saraswati Mahavidyalaya, Shikarpur, Bulandshahr, Uttar Pradesh, India

JournalPIJST
Volume / Issue1 / 7
Pages1–11
Published31 Jul 2024
Paper IDPIJST17J24001
Views / Downloads1 / 0

Article summary

Abstract

- For perishable goods, inventory models are created using stock-dependent quadratic demand under inflation. The pace of degradation is thought to be constant. The conventional Reccati differential equation approach is used to determine the model’s solution. The impact of inflation on the overall profit of the system is examined for items whose demand is quadratic and dependent on inventory level. We test the model with a theoretical example. Finally, the model’s sensitivity is shown and examined.

Keywords

Quadratic demandinflationstock dependentperishableinventory

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How to cite this article

Mandeep Singh, Gaurav Gupta (2024). Models of Perishable Stock for Stock-Dependent Quadratic Demand in the Presence of Inflation. Procedure International Journal of Science and Technology, 1(7), 1–11. https://doi.org/10.62796/pijst.2024v1i7001

Mandeep Singh, Gaurav Gupta. “Models of Perishable Stock for Stock-Dependent Quadratic Demand in the Presence of Inflation.” Procedure International Journal of Science and Technology, vol. 1, no. 7, 2024, pp. 1–11. https://doi.org/10.62796/pijst.2024v1i7001

Mandeep Singh, Gaurav Gupta. “Models of Perishable Stock for Stock-Dependent Quadratic Demand in the Presence of Inflation.” Procedure International Journal of Science and Technology 1, no. 7 (2024): 1–11. https://doi.org/10.62796/pijst.2024v1i7001

Mandeep Singh, Gaurav Gupta (2024) ‘Models of Perishable Stock for Stock-Dependent Quadratic Demand in the Presence of Inflation’, Procedure International Journal of Science and Technology, 1(7), pp. 1–11. Available at: https://doi.org/10.62796/pijst.2024v1i7001.

Mandeep Singh, Gaurav Gupta, “Models of Perishable Stock for Stock-Dependent Quadratic Demand in the Presence of Inflation,” Procedure International Journal of Science and Technology, vol. 1, no. 7, pp. 1–11, 2024. https://doi.org/10.62796/pijst.2024v1i7001.

Mandeep Singh, Gaurav Gupta. Models of Perishable Stock for Stock-Dependent Quadratic Demand in the Presence of Inflation. Procedure International Journal of Science and Technology. 2024;1(7):1–11. https://doi.org/10.62796/pijst.2024v1i7001.

Mandeep Singh, Gaurav Gupta. Models of Perishable Stock for Stock-Dependent Quadratic Demand in the Presence of Inflation. Procedure International Journal of Science and Technology 2024, 1 (7), 1–11. https://doi.org/10.62796/pijst.2024v1i7001.

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Published31 Jul 2024
DOI assigned31 Jul 2024
Record versionVersion of Record

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Copyright © 2024 Author(s). This work is published by Procedure International Journal of Science and Technology under the Creative Commons Attribution-NonCommercial 4.0 International. Authors retain copyright and grant the journal the right of first publication.

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References

Showing first 3 of 24 references.

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