Pascal Nnamdi Odoh

An Inventory Model with Three Parameter Weibull Distribution for Deteriorating Items under Inflation

Akaninyene Udo Udom & Pascal Nnamdi Odoh · Asian Journal of Probability and Statistics · 2022

This study explores a predetermined inventory system for deteriorating items with a Weibull distribution, taking into consideration nonlinear demand and trade credit under inflation and allowing for shortages and partial backlogs. The reason for this study is to find the appropri...