Inflation on Two Shops Under One Administration with Displayed Stock Level
Kapil Kumar Bansal1, Ompal Singh2, Pravinder Kumar3
1Kapil Kumar Bansal, SRMIST, NCR Campus, Modinagar.
2Ompal Singh, SRMIST, NCR Campus, Modinagar.
3Pravinder Kumar, Research Scholar, ShriVenketshwara University, Gajraula.
Manuscript received on January 12, 2020. | Revised Manuscript received on January 30, 2020. | Manuscript published on March 30, 2020. | PP: 104-110 | Volume-8 Issue-6, March 2020. | Retrieval Number: E6756018520/2020©BEIESP | DOI: 10.35940/ijrte.E6756.038620
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: In the proposed paper, we have strived to study the inventory models with the phenomenon of two-warehouse for non-shoddy and shoddy units procured in a great deal selling independently at two non-identitical shops under a single management. The good unit’s demand was stock contingent while the shoddy ones having price contingent demand just in an inflationary environment. Non-shoddy units were sold accompanied by a benefit in primary shop. What’s more the shoddy units, those are consistently fetched to the vicinal secondary shop, were vend after some redraw or repair at a receded price even reinforce a loss. Shortages were allowed for primary and secondary shops.
Keywords: Inventory models, shortage.
Scope of the Article: Process and Workflow Management