Geodesic
An Analytical Inventory Model for Exponentially Deteriorating Inventory With Random Lead Time Under Random Input
Yugoslav journal of operations research, Tome 9 (1999) no. 2, p. 183 .

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In the classical EOQ model, it is tacitly assumed that the lead time is zero and the quantity received matches with the quantity requisitioned and there is no damage or deterioration of units in inventory. However, in practice, we have observed that due to a variety of reasons there is a lead time and the-quantity received does not match the quantity ordered. In this paper, an attempt is made to develop an analytical EOQ model when units in inventory are subjected to deterioration, when there is significant lead time and the quantity received does not match the quantity ordered. The effect of various parameters on procurement quantity and average expected total cost of the inventory system is studied with the help of a hypothetical numerical illustration.
Classification : 90B05
Keywords: Deterioration, random lead time, random input. 
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     author = {Nita H. Shah and Chirag J. Trivedi},
     title = {An {Analytical} {Inventory} {Model} for {Exponentially} {Deteriorating} {Inventory} {With} {Random} {Lead} {Time} {Under} {Random} {Input}},
     journal = {Yugoslav journal of operations research},
     pages = {183 },
     publisher = {mathdoc},
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     year = {1999},
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Nita H. Shah; Chirag J. Trivedi. An Analytical Inventory Model for Exponentially Deteriorating Inventory With Random Lead Time Under Random Input. Yugoslav journal of operations research, Tome 9 (1999) no. 2, p. 183 . http://geodesic.mathdoc.fr/item/YJOR_1999_9_2_a2/