(T, Si) Policy Inventory Model for Deteriorating Items with Time Proportional Demand

Dave, Upendra; Patel, L. K.

doi:10.1057/jors.1981.27

Cited by 280 publications

(90 citation statements)

References 3 publications

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“…The ranking of the analysed papers is made in order of number of citations received in the network, but using the number of citation received in Google Scholar we would have obtained a rather different order. In detail, we can notice two considerable cases: Dave and Patel (1981) has the lowest Google Scholar citation count although it is fifth in our ranking; Porteus (1986) has the highest count, but it appears in the last position of the list. The reason for this apparent inconsistency lies in the fact that a research paper simultaneously can deal with more than one topic.…”

Section: Citation Network Analysismentioning

confidence: 79%

A century of evolution from Harris׳s basic lot size model: Survey and research agenda

Andriolo

Battini

Grubbström

et al. 2014

International Journal of Production Economics

170

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Determining the economic lot size has always represented one of the most important issues in production planning. This problem has long attracted the attention of researchers, and several models have been developed to meet requirements at minimum cost. In this paper we 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. Following Harris's work, a number of researchers have devised extensions that incorporate additional considerations. The evolution of EOQ theory strongly reflects the development of industrial systems over the past century. Here we outline all the research areas faced in the past by conducting a holistic analysis of 219 selected journal papers and trying to give a comprehensive view of past work on the EOQ problem. Finally, a new research agenda is proposed and discussed.

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Section: Citation Network Analysismentioning

confidence: 79%

A century of evolution from Harris׳s basic lot size model: Survey and research agenda

Andriolo

Battini

Grubbström

et al. 2014

International Journal of Production Economics

170

View full text Add to dashboard Cite

show abstract

“…Aggarwal (1978) modified the work of Shah and Jaiswal by calculating the average holding cost. Dave and Patel (1981) developed the inventory model for deteriorating items with linear increasing in demand rate and deterioration rate which was a constant fraction of the on-hand inventory. All the models discussed above are based on the constant deterioration rate, constant demand rate, infinite replenishment and no shortage.…”

Section: Introductionmentioning

confidence: 99%

An optimal policy for deteriorating items with time-proportional deterioration rate and constant and time-dependent linear demand rate

2017

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In this paper, an economic order quantity (EOQ) inventory model for a deteriorating item is developed with the following characteristics:(i) The demand rate is deterministic and two-staged, i.e., it is constant in first part of the cycle and linear function of time in the second part. (ii) Deterioration rate is time-proportional. (iii) Shortages are not allowed to occur.The optimal cycle time and the optimal order quantity have been derived by minimizing the total average cost. A simple solution procedure is provided to illustrate the proposed model. The article concludes with a numerical example and sensitivity analysis of various parameters as illustrations of the theoretical results.

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“…Then Covert and Philip(1973) generalized Ghare and Schrader's constant exponential deterioration rate to a two-parameter Weibull distribution. Dave and Patel (1981), Philip(1974), Mishra(1975b) Skouri et al (2009) and many others developed inventory models for time dependent deteriorating items. Mishra (2013) developed an inventory model with instantaneous deterioration, linear time dependent demand and partial backlogging.…”

Section: Introductionmentioning

confidence: 99%

Optimal Inventory Policy for Deteriorating Items with Seasonal Demand under the Effect of Price Discounting on Lost Sales

Pandey¹,

Vaish²

2017

IOSR JM

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(T, S_i) Policy Inventory Model for Deteriorating Items with Time Proportional Demand

Cited by 280 publications

References 3 publications

A century of evolution from Harris׳s basic lot size model: Survey and research agenda

A century of evolution from Harris׳s basic lot size model: Survey and research agenda

An optimal policy for deteriorating items with time-proportional deterioration rate and constant and time-dependent linear demand rate

Optimal Inventory Policy for Deteriorating Items with Seasonal Demand under the Effect of Price Discounting on Lost Sales

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