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In this paper an economic order quantity model has been developed in which the demand is time dependent and innovation driven. The parameters such as coefficient of innovation and potential market size associated with the demand function have been considered as dynamic over time to match with the real feature of the system. The model is illustrated with a numerical example and a comprehensive sensitivity analysis of the optimal solution with respect to different parameters has been performed to know the utility of the model.<\/p>","DOI":"10.4018\/jsds.2012100105","type":"journal-article","created":{"date-parts":[[2013,1,14]],"date-time":"2013-01-14T21:56:30Z","timestamp":1358200590000},"page":"78-99","source":"Crossref","is-referenced-by-count":2,"title":["An Inventory Model for New Product When Demand Follows Dynamic Innovation Process having Dynamic Potential Market Size"],"prefix":"10.4018","volume":"3","author":[{"given":"K. 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