Geodesic
Logarithmic Inventory Model With Shortage for Deteriorating Items
Yugoslav journal of operations research, Tome 23 (2013) no. 3, p. 431 .

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In this paper, we have modeled a business process which starts with shortage of deteriorating items. After a duration managers have freedom to order the stock of assurance of committed customers. There are many products that follow logarithmic demand pattern, so in this paper we incorporate it with the shortage of items at the beginning. A new model is developed to obtain the optimal solution for such type of market situation and have obtained some valuable results. Numerical examples and simulation study is appended along with managerial insights.
Classification : 90B05, 90B30, 90B50.
Keywords: Inventory, cycle time, optimality, deterioration, shortage, logarithmic demand. 
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     title = {Logarithmic {Inventory} {Model} {With} {Shortage} for {Deteriorating} {Items}},
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Uttam Kumar Khedlakar; Diwakar Shukla; Raghovendra Pratap Singh Chandel. Logarithmic Inventory Model With Shortage for Deteriorating Items. Yugoslav journal of operations research, Tome 23 (2013) no. 3, p. 431 . http://geodesic.mathdoc.fr/item/YJOR_2013_23_3_a7/