Faculty of Engineering and Natural Sciences

Dr. Erfan Babaee Tirkolaee’s article titled "The combined effects of interest and inflation rates on inventory systems: A comparative analysis across countries" was published in the "International Journal of Production Economics”

This study conducts a comparative study to analyze the combined effects of interest and inflation rates on inventory systems in different countries as part of macroeconomics. To do so, a novel inventory model is developed by accounting for interest rate, inflation, and increasing linear demand over time which affect inventory costs. In terms of the main parameters, the developed model is divided into two groups, where each group is solved separately.

 

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