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A heuristic joint replinishment policy for the case of heterogeneity among items
Larsen, Christian - In: International journal of production economics 209 (2019), pp. 164-171
Persistent link: https://www.econbiz.de/10012013237
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Reserve stock models: Deterioration and preventive replenishment
Maddah, Bacel; Yassine, Ali A.; Salameh, Moueen K.; … - In: European Journal of Operational Research 232 (2014) 1, pp. 64-71
) reserves in manufacturing. One important aspect under-looked in research is the effect of deterioration, where a reserve stock … balance typical economic costs of ordering, holding, and shortage, as well as additional costs of deterioration and preventive … measures. Our main results are showing that (i) deterioration significantly increases cost (up to 5%) and (ii) a preventive …
Persistent link: https://www.econbiz.de/10010738152
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An EOQ model for perishable product with special sale and shortage
Taleizadeh, Ata Allah; Mohammadi, Babak; … - In: International Journal of Production Economics 145 (2013) 1, pp. 318-338
In this paper, for the first time, an inventory control model to determine the optimal order and shortage quantities of a perishable item when the supplier offers a special sale is developed. Four possible cases based on decision that the purchaser might make about the first replenishment policy...
Persistent link: https://www.econbiz.de/10011043342
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Testing the robustness of deterministic models of optimal dynamic pricing and lot-sizing for deteriorating items under stochastic conditions
Ghoreishi, Maryam - In: Central European journal of operations research : CEJOR … 27 (2019) 4, pp. 1131-1152
Persistent link: https://www.econbiz.de/10012106598
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Vendor managed inventory with consignment stock for supply chain with stock- and price-dependent demand
Hemmati, M.; Fatemi Ghomi, S. M. T.; Sajadieh, Mohsen Sheikh - In: International journal of production research 55 (2017) 17/18, pp. 5225-5242
Persistent link: https://www.econbiz.de/10011723970
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Optimal order quantity by maximising expected utility for the newsboy model
Ota, Mahadev; Srinivasan, S.; Nandakumar, C. D. - In: International journal of procurement management 12 (2019) 4, pp. 410-424
Persistent link: https://www.econbiz.de/10012138469
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Economic ordering model for multiple items with stochastic demand and budget constraint
Ota, Mahadev; Srinivasan, S.; Nandakumar, C. D. - In: International journal of services and operations … 38 (2021) 1, pp. 1-21
Persistent link: https://www.econbiz.de/10012522208
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A sustainable production inventory model for profit maximization under optimum raw material input rate during production
Bhattacharjee, Nabajyoti; Sen, Nabendu - In: Opsearch : journal of the Operational Research Society … 59 (2022) 2, pp. 667-693
Persistent link: https://www.econbiz.de/10013273221
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Joint Inventory Replenishments with Group Discounts Based on Invoice Value
Chakravarty, Amiya K. - In: Management Science 30 (1984) 9, pp. 1105-1112
The study focuses attention on a grouping procedure for the purpose of joint inventory replenishments from a single supplier. The grouping procedure exploits the group discounts available on the total purchase value of a group of index and the economies of scale of order placing costs. In...
Persistent link: https://www.econbiz.de/10009213987
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Properties of the Periodic Review (R, T) Inventory Control Policy for Stationary, Stochastic Demand
Rao, Uday S. - In: Manufacturing & Service Operations Management 5 (2003) 1, pp. 37-53
This paper compares the commonly used periodic review, replenishment interval, order-up-to (R, T ) policy to the continuous review, reorder point, order quantity, (Q, r) model. We show that long-run average cost function for the single-product (R, T ) policy has a structure similar to that of...
Persistent link: https://www.econbiz.de/10009218827