EOQ MODEL FOR DETERIORATING AND AMELIORATING ITEMS UNDER CUBIC DEMAND AND PARTIAL BACKLOGGING
Abstract
The inventory model aims to determine policies in inventory control. Therefore, the availability needs to be managed as well as possible to obtain optimal performance. This study aimed to produce EOQ models for deteriorating and ameliorating products with shortage and partial backlogging policies. The traditional Economic Order Quantity (EOQ) inventory model was used to develop the model. The search algorithm of the model solution was made to get a solution from the model. In the end, a case study of the model implementation at Minimarket SATUMART, Sidoarjo, is given
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