International Journal of Engineering and Technology

The managing of inventories is one of the next significant tasks, in order to find out this concept the manager have tried to do in that appropriate way through which the cost associated with inventory can reduce and profit may grow, with the advent of better technologies if manufacturing and retail industry, an EPQ model plays an important role in production and manufacturing system. It is evident from the forgoing, that demand structure occupies central position in inventory modelling. Researchers have usually observed that the inventory and sales are not independent of one another. An increase in inventories may bring about increased sales of some items. Furthermore in the unstable global economic structure, inflation plays a vital role before making any investment. So, this article develops three different levels of production rates with stock related demand for deteriorating items under inflationary condition. The total cost of production is dependent on production rate demand rate and rate of deteriorating items. It has assumed production started at one rate and switch over to another after a certain time lag, thus for low production rate in starting leading to reduction in holding cost to stock the large quantity of items is ignored. Our focus in this study is on determining the optimal solution of production time so that total cost of the whole cycle will be minimized.