Inventory of damagable items with variable replenishment rate, stock-dependent demand and some units in hand

Mandal, Mahasweta; Maiti, Manas Kumar

doi:10.1016/s0307-904x(99)00018-9

Cited by 57 publications

(31 citation statements)

References 10 publications

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“…Roy and Maiti (1998) developed inventory control model for deteriorating items with inventorydependent demand rate in a fuzzy environment. Mandal and Maiti (1999) raised inventory control model for deteriorating items with varied replenishment rate and inventory-dependent demand rate. Items made of glass, ceramics break/get damaged during the storage due to the accumulated stress of heaped stock.…”

Section: Inventory-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

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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: Inventory-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

“…Bose et al [7] considered an inventory model for deteriorating items with time dependent demand and shortages under inflation and time discounting. Mandal and Maiti [8] developed an inventory model for damageable items with stock dependent demand and variable replenishment rate. Chung and Lin [9] determine an optimal replenishment policy for an inventory model of deteriorating items by considering inflation and credit period.…”

Section: Introductionmentioning

confidence: 99%

An Inventory Model for Perishable Items with Time Varying Stock Dependent Demand and Trade Credit under Inflation

Kumar¹,

Rajput²

2015

AJOR

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In the classical inventory models, it is assumed that the retailer pays to the supplier as soon as he received the items and in such cases the supplier offers a cash discount or credit period (permissible delay) to the retailer. In this paper we presented an inventory model for perishable items with time varying stock dependent demand under inflation. It is assumed that the supplier offers a credit period to the retailer and the length of credit period is dependent on the order quantity. The purpose of our study is to minimize the present value of retailer's total cost. Numerical examples are also given to demonstrate the presented mode.

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“…Gupla and Vrat (1986) established inventory model in which demand rate to be a function of initial stock level. Some of the related research in this area are by Wee (1995;Goh, 1994;Ray and Chaudhuri, 1997;Mandal and Maiti, 1999;Dye, 2002;Chung and Tsai, 2001;Yan and Cheng, 1998;Sarker et al, 1997) etc.…”

Section: Introductionmentioning

confidence: 99%

Optimal Ordering Policy with Stock-Dependent Demand Rate Under Retailer’s Two Stages Trade Credit Financing Using Discounted Cash Flow (DCF) Approach

Tripathi¹,

Singh²,

Sang³

2015

Journal of Mathematics and Statistics

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Many researchers have assumed one stage trade credit financing. In this study, we considered two levels of trade credit policy using Discounted Cash Flow (DCF) approach. Demand rate is considered to be stock-dependent for the first level (credit demand) and constant for second level (cash demand). Mathematical models are derived under two different circumstances i.e., case I: The permissible delay period is less than or equal to the cycle time and case II: The permissible delay period is greater than or equal to the cycle time for settling the account. An algorithm is provided to determine the optimal order quantity and annual profit. In addition, numerical examples are presented to demonstrate the solution process. Finally, sensitivity analysis of the optimal solution is discussed with respect to different parameters.

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Inventory of damagable items with variable replenishment rate, stock-dependent demand and some units in hand

Cited by 57 publications

References 10 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

An Inventory Model for Perishable Items with Time Varying Stock Dependent Demand and Trade Credit under Inflation

Optimal Ordering Policy with Stock-Dependent Demand Rate Under Retailer’s Two Stages Trade Credit Financing Using Discounted Cash Flow (DCF) Approach

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Inventory of damagable items with variable replenishment rate, stock-dependent demand and some units in hand

Cited by 57 publications

References 10 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

An Inventory Model for Perishable Items with Time Varying Stock Dependent Demand and Trade Credit under Inflation

Optimal Ordering Policy with Stock-Dependent Demand Rate Under Retailer&rsquo;s Two Stages Trade Credit Financing Using Discounted Cash Flow (DCF) Approach

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Product

Resources

About

Optimal Ordering Policy with Stock-Dependent Demand Rate Under Retailer’s Two Stages Trade Credit Financing Using Discounted Cash Flow (DCF) Approach