Inventory Model For Non-Instantaneous Deteriorating Items With Discount Price And Permissible Delay In Payments

In our daily life, we should store the goods which can't be used temporary but for the future. That is the way to deal with the of the balance of provide and requirement. Storage is the way to assort with it.Many researchers developed the classic EOQ(economic order quantity) in a lot special conditions. for example, They assumed that the buyer must pay for the items purchased as soon as the items are received, but in fact suppliers permits the buyer a period of time to settle the total amount owed to him; And the goods take instantaneous when they came in to the warehouse, actually many goods have a period to keep themselves fresh.In this paper, the difference between buying and selling price is considered as well as the non-instantaneous, We then develop an algorithm for a retailer to determine its optimal price and lot size simultaneously when the supplier offers a permissible delay in payments. The retailer take discount price to keep the demand rate as a constant.