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An Inventory Model for Deteriorating Items with Exponential Declining Demand and Time-Varying Holding Cost

In the present paper, a 
total optimal cost of an inventory model with exponential declining demand and 
constant deterioration is considered. The time-varying holding cost is a linear 
function of time. Shortages are not allowed. The items (like food grains, fashion apparels and 
electronic equipments) have 
fixed shelf-life which decreases 
with time during the end of the season. A numerical example is presented to 
demonstrate the model and the sensitivity analysis of various parameters is carried out.