Journal ArticleDOI
An EOQ model with stock-dependent demand, shortage, inflation and time discounting
J Ray,Kripasindhu Chaudhuri +1 more
TLDR
In this paper, a finite time-horizon deterministic economic order quantity (EOQ) inventory model with shortages was developed, where the demand rate at any instant depends on the on-hand inventory (stock level) at that instant.About:
This article is published in International Journal of Production Economics.The article was published on 1997-11-20. It has received 193 citations till now. The article focuses on the topics: Real interest rate & Economic order quantity.read more
Citations
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Journal ArticleDOI
An optimal replenishment policy for non-instantaneous deteriorating items with stock-dependent demand and partial backlogging
TL;DR: In this article, the optimal replenishment policy for non-instantaneous deteriorating items with stock-dependent demand is considered and the necessary and sufficient conditions of the existence and uniqueness of the optimal solution are shown.
Journal ArticleDOI
Economic production quantity models for deteriorating items with price- and stock-dependent demand
Jinn-Tsair Teng,Chun-Tao Chang +1 more
TL;DR: This paper establishes an economic production quantity (or EPQ) model for deteriorating items when the demand rate depends not only the on-display stock level but also the selling price per unit.
Journal ArticleDOI
Inventory models with inventory-level-dependent demand: A comprehensive review and unifying theory
TL;DR: A comprehensive overview of the literature on inventory control models in which the demand rate of an item is a function of the initial inventory level and those in which it is dependent on the instantaneous inventory level is presented.
Journal ArticleDOI
A production–inventory model in an imperfect production process
TL;DR: A model to determine the optimal product reliability and production rate that achieves the biggest total integrated profit for an imperfect manufacturing process is developed and the Euler-Lagrange method is used to obtain optimal solutions for product reliability parameter and dynamic production rate.
Journal ArticleDOI
A century of evolution from Harris׳s basic lot size model: Survey and research agenda
TL;DR: In this article, the authors explore and discuss the evolution of these models during one hundred years of history, starting from the basic model developed by Harris in 1913, up to today.
References
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Book
Decision Systems for Inventory Management and Production Planning
TL;DR: In this article, an in-depth discussion of the major decisions in production planning, scheduling, and inventory management faced by organizations, both private and public, is presented, as well as the latest systems used to make decisions, including Just-in-Time Manufacturing, KANBAN, Distribution Requirements Planning and PUSH Control.
Journal ArticleDOI
Applied data envelopment analysis
TL;DR: Data envelopment analysis is a linear programming based technique for measuring the relative performance of organisational units where the presence of multiple inputs and outputs makes comparison difficult.
Journal ArticleDOI
Economic Order Quantities with Inflation
TL;DR: In this article, it is shown that with inflation the choice of the inventory carrying charge used in the EOQ formula can be changed with respect to all relevant costs and prices.
Journal ArticleDOI
A Deterministic Inventory System with an Inventory-Level-Dependent Demand Rate
Richard Baker,Timothy L. Urban +1 more
TL;DR: In this article, a continuous, deterministic case of an inventory system in which the demand rate of an item is of a polynomial functional form, dependent on the inventory level is analyzed.
Related Papers (5)
A Deterministic Inventory System with an Inventory-Level-Dependent Demand Rate
Richard Baker,Timothy L. Urban +1 more
An Inventory Model for Deteriorating Items and Stock-dependent Consumption Rate
B. N. Mandal,S. Phaujdar +1 more