Two Warehouses Inventory Model with Quadratic Demand and Maximum Life Time

Abstract

This paper deals with a two warehouses inventory model with quadratic demand. Due to some seasonal products, all time retailers not fulfill the demand of customers, so to solve this difficulty retailer storage some product for future sales in out of season. Here we consider two warehouses system, Own Warehouse (OW) and Rent Warehouse (RW). This paper considers maximum life time for the products and shortages are not allowed. Mathematical model of this paper is proposed to obtain the total cycle time and minimum inventory cost. A numerical example is give to validate this proposed model.