An optimal replenishment policy for deteriorating items with time-varying demand and partial–exponential type – backlogging

Papachristos, S.; Skouri, K.

doi:10.1016/s0167-6377(00)00044-4

Cited by 149 publications

(56 citation statements)

References 12 publications

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“…In this model, lead time was positive and lost sale policy was considered and the optimal order amount was obtained. Papachristos and Skouri (2000) presented an inventory control model in finite planning horizon where deterioration rate was assumed constant, demand time was time dependent, and allowable shortage was as partial backlogging. The backlogging rate was varied over time and was increased exponentially as the expectation time for the next replenishment was decreased.…”

Section: Times -Dependent Demandmentioning

confidence: 99%

“…In this model, the demand rate was time dependent and shortage was allowed as partial backlogging and deterioration rate was constant. They completed the shortage of the model presented by Papachristos and Skouri (2000) by adding not only the lost sale but also the varied purchasing cost. Wang (2002) completed the model of Giri et al (2000) with suitable definition of partial time-dependent backlogging rate and introduction of the lost sale opportunity cost.…”

Section: Times -Dependent Demandmentioning

confidence: 99%

See 1 more Smart Citation

Inventory control with deteriorating items: A state-of-the-art literature review

Khanlarzade¹,

Yegane²,

Kamalabadi³

et al. 2014

10.5267/j.ijiec

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The present study reviews different studies on inventory control of deteriorating items in chain supply published over the period 1963-2013. The study investigates supply chain of the items in terms of various perspectives. Finally, the summary of the studies is shown in two tables for oneechelon and multi-echelon supply chain including the main information and assumptions of each paper. In the mentioned tables, the papers were classified in terms of the type of demand rate, deterioration rate, solution procedure and findings. It can be said that no analysis on the results was done in the present study and it can be only used as a good reference in the study field for other researchers.

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Section: Times -Dependent Demandmentioning

confidence: 99%

Section: Times -Dependent Demandmentioning

confidence: 99%

Inventory control with deteriorating items: A state-of-the-art literature review

Khanlarzade¹,

Yegane²,

Kamalabadi³

et al. 2014

10.5267/j.ijiec

View full text Add to dashboard Cite

show abstract

“…The opportunity cost due to lost sales should be considered. Chang and Dye [20]developed an inventory model in which the demand rate is a time-continuous function and items deteriorate at a constant rate with partial backlogging rate which is the reciprocal of a linear function of the waiting time. Papachristos and Skouri [21]developed an EOQ inventory model with timedependent partial backlogging.…”

Section: Literature Reviewmentioning

confidence: 99%

A Partial Backlogging Inventory Model with Time-Varying Demand During Shortage Period

Chen¹,

Zhuo²

2010

IJISA

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Abstract-Harris's classic square root economic order quantity (EOQ) model forms the basis for many other models that relax one or more of its assumptions. A key assumption of the basic EOQ model is that stockouts are not permitted. Due to the excess demands, stock-out situations may arise occasionally. Sometimes, shortages are permitted and they are backordered and satisfied in the very next replenishment. Therefore the objective of this paper is to develop a partial backlogging inventory model, and proposes a new algorithm to minimize the total cost, at the same time also propose the prediction method and algorithm of ordering period. Finally, a practical example of the numerical analysis is given.

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“…Being the backlogging rate as variable, it depends on the length of waiting time for the next replenishment. Many researchers like Papachristos and Skouri [19], Abad [20], Teng et al [21], Sana [22], Roy et al [23] and Singh and Pattnayak [24] studied their models with considering the partial backlogging rate.…”

Section: Introductionmentioning

confidence: 99%

An Optimal Policy with Quadratic Demand, Three-Parameter Weibull Distribution Deterioration Rate, Shortages and Salvage Value

Mishra¹,

Singh²,

Pattanayak³

2016

AJCM

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The present paper focuses an optimal policy of an inventory model for deteriorating items with generalized demand rate and deterioration rate. Shortages are allowed and partially backlogged. The salvage value is included into deteriorated units. The main objective of the model is to minimize the total cost by optimizing the value of the shortage point, cycle length and order quantity. A numerical example is carried out to illustrate the model and sensitivity analyses of major parameters are discussed.

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An optimal replenishment policy for deteriorating items with time-varying demand and partial–exponential type – backlogging

Cited by 149 publications

References 12 publications

Inventory control with deteriorating items: A state-of-the-art literature review

Inventory control with deteriorating items: A state-of-the-art literature review

A Partial Backlogging Inventory Model with Time-Varying Demand During Shortage Period

An Optimal Policy with Quadratic Demand, Three-Parameter Weibull Distribution Deterioration Rate, Shortages and Salvage Value

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