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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

A novel differential evolution algorithm for joint replenishment problem under interdependence and its application

Wang, Lin; He, Jing; Wu, Desheng; Zeng, Yu-Rong - In: International Journal of Production Economics 135 (2012) 1, pp. 190-198

In this paper, we propose a new differential evolution (DE) algorithm for joint replenishment of inventory using both direct grouping and indirect grouping which allows for the interdependence of minor ordering costs. Since solutions to the joint replenishment problem (JRP) can be represented by...

Persistent link: https://www.econbiz.de/10010597238

The cost allocation issue in joint replenishment

Dror, Moshe; Hartman, Bruce C.; Chang, Wei - In: International Journal of Production Economics 135 (2012) 1, pp. 242-254

Joint replenishment for several products to achieve a lower inventory logistics cost has been a topic of extensive studies. Less attention has been paid to the issue of deciding how the joint replenishment costs should be allocated across the individual products. Ideally, when items are ordered...

Persistent link: https://www.econbiz.de/10010597268

An EOQ model with partial backordering and advance payments for an evaporating item

Taleizadeh, Ata Allah - In: International Journal of Production Economics 155 (2014) C, pp. 185-193

In the classic Economic Order Quantity model the purchasing cost of an order is paid at the time of its receipt. In some cases retailers ask purchasers to pay all or a fraction of the purchasing cost in advance and may allow them to divide the prepayment into several equal-sized parts. In this...

Persistent link: https://www.econbiz.de/10010906443

A collaborative strategy for deteriorating inventory system with imperfect items and supplier credits

Yu, Jonas C.P. - In: International Journal of Production Economics 143 (2013) 2, pp. 403-409

sensitivity analysis of the demand rate, replenishment rate, deterioration factor and other related parameters show that the … collaboration strategy and the deterioration factor have significantly affected the total profit. …

Persistent link: https://www.econbiz.de/10010869140

An optimal policy for a single-vendor single-buyer integrated production–distribution model with both deteriorating and defective items

Lee, Sunghee; Kim, Daeki - In: International Journal of Production Economics 147 (2014) PA, pp. 161-170

deteriorating and defective items under a single-vendor single-buyer system. Deterioration is regarded as an inevitable and … the supply chain profit and to find the optimal numbers of delivery after incorporating deterioration and defectiveness …

Persistent link: https://www.econbiz.de/10010869172

Two-warehouse partial backlogging inventory models with three-parameter Weibull distribution deterioration under inflation

Yang, Hui-Ling - In: International Journal of Production Economics 138 (2012) 1, pp. 107-116

In many inventory systems, the effects of deterioration of physical goods have drawn much attention of various … researchers in recent years. The more the deterioration is, the more the order quantity would be. According to such consideration …, taking the deterioration rate into account is necessary. Thus, in this paper, I develop the two-warehouse partial backlogging …

Persistent link: https://www.econbiz.de/10010572510

Coordinating price and service level decisions for a supply chain with deteriorating item under vendor managed inventory

Xiao, Tiaojun; Xu, Tiantian - In: International Journal of Production Economics 145 (2013) 2, pp. 743-752

the interaction between the retail price and the service level may invert the effect of deterioration rate on the retail … price. The system efficiency of decentralized supply chain increases with market scale, price sensitivity, deterioration … rate, the supplier's cost (including unit production cost, holding cost, and deterioration cost), and service investment …

Persistent link: https://www.econbiz.de/10010702877

An EPQ model of ramp type demand with Weibull deterioration under inflation and finite horizon in crisp and fuzzy environment

Pal, Shilpi; Mahapatra, G.S.; Samanta, G.P. - In: International Journal of Production Economics 156 (2014) C, pp. 159-166

produced and the finite rate of production is proportional to the demand rate. The deterioration rate of the item is taken as …

Persistent link: https://www.econbiz.de/10011043292

An inventory model for deteriorating items with shortages and time-varying demand

Sicilia, Joaquín; González-De-la-Rosa, Manuel; … - In: International Journal of Production Economics 155 (2014) C, pp. 155-162

A deterministic inventory system for items with a constant deterioration rate is studied. Demand varies in time and it …

Persistent link: https://www.econbiz.de/10011043365