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Lee (2006) investigated two-warehouse inventory model with deterioration under FIFO dispatching policy.
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Since then, Cheng and Wang (2009) have discussed trapezoidal demand which is a piecewise linear function in their model with constant deterioration.
Sarkar and Sarkar (2013) considered an inventory model with variable deterioration rate and inventory dependent demand rate.
Deb and Chaudhuri (1986) derived inventory model with time-dependent deterioration rate.
Deb and Chaudhri (1986) derived inventory model with time-dependent deterioration rate.
Aggarwal and Jaggi (1995) developed inventory model with an exponential deterioration rate under the condition of permissible delay in payments.
The updated system reliability is then obtained through coupling the updated deterioration model with a probabilistic structural model.
Hung ([2011]) gave an inventory model with generalized-type demand, deterioration, and backorder rates.
(2001) proposed an EOQ model with varying rate of deterioration and linear trend demand under permissible delay in payments.
Dye and Hsieh (2012) formulated an inventory model with a time-varying deterioration rate and partial backlogging with considering the amount invested in preservation technology.
Jaggi et al. (2015) have studied an inventory model with constant demand and deterioration; their work also discussed trade credit which helps to stimulate demand and attract retailer.
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