Optimal lot size model for deteriorating items with demand rate dependent on displayed stock level (DSL) and partial backordering

Pal, Anindya Jyoti; Bhunia, Asoke Kumar; Mukherjee, R. N.

doi:10.1016/j.ejor.2005.05.022

Cited by 53 publications

(17 citation statements)

References 20 publications

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“…Therefore, establishment in profit of two parties was considered as agreement factor in the present study. Pal et al (2006) presented determination of lot size for deteriorating items with inventory dependent demand rate and sale price. The shortage as partial backlogging was allowed and backlogging rate was dependent upon the waiting time to achieve the next replenishment.…”

Section: Price-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: Price-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

“…In the recent years, very few researchers have considered this criterion in developing of their inventory models. In this connection, one may refer to the works of Mukhopadhyay et al (2004), Pal et al (2004Pal et al ( , 2006, Pal et al (2007), Mondal et al (2007), Bhunia et al (2011) with others.…”

Section: Introductionmentioning

confidence: 99%

“…In these models, transportation cost per unit for the mode of transport (transport vehicle) is dependent on the quantity of the product. Recently, Pal et al (2006), Mondal et al (2007) and Bhunia et al (2011) considered this cost under the assumption that the transportation cost is constant for transport vehicle ( of a given capacity) even if the quantity shipped is less than a transport vehicle load by some quantity.…”

Section: Introductionmentioning

confidence: 99%

“…Datta and Pal (1990) modified the concept of Baker and Urban (1988) by assuming that the demand rate of an item depends on the on-hand inventory level until a given level is achieved until the demand rate becomes constant. Since then, a lot of research works have been developed with extensions of this type of model considered by Urban (1992aUrban ( ,1995, Padmanabhan and Vrat (1995), Giri et al (1996), Chang (2004), Pal et al(2004Pal et al( ,2006, Sana and Chaudhury (2004), Mondal et al(2007), etc. Recently, Soni and Shah (2008) proposed an optimal ordering policy for retailer under progressive payment scheme for variable demand dependent on the inventory level.…”

Section: Introductionmentioning

confidence: 99%

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A deterministic model for deteriorating items with displayed inventory level dependent demand rate incorporating marketing decisions with transportation cost

Bhunia¹,

Shaikh²

2011

IJIEC

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This paper deals with an inventory model, which considers the impact of marketing strategies such as pricing and advertising as well as the displayed inventory level on the demand rate of the system. In addition, the demand rate during the stock-out period differs from that during the stock-in period by a function varied on the waiting time up to the beginning of the next cycle. Shortage are allowed and partially backlogged. Here, the deterioration rate is assumed to follow the Weibull distribution. Considering all these factors with others, different scenarios of the system are investigated. To obtain the solutions of these cases and to illustrate the model, an example is considered. Finally, to study the effects of changes of different parameters of the system, sensitivity analyses have been carried out with respect to the different parameters of the system.

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“…Teng and Chang (2005) established an economic production quantity model for deteriorating items where the demand rate depends on the displayed stock level and the selling price per unit. Pal et al (2006) considered the problem of determining the lot size with the demand rate dependent on displayed stock level, selling price of an item and frequency of advertisement. Gupta et al (2007) investigated an inventory model by considering a three component demand rate i.e.…”

Section: Introductionmentioning

confidence: 99%

Optimal Ordering and Transfer Policy for an Inventory System with Time Dependent Holding Cost and Three Component Demand Rate

Vaish¹,

Garg²

2011

JMR

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This paper deals with an ordering-transfer policy to determine the retailer's optimal order quantity and the number of transferred units from the warehouse to the display area. It is assumed that the amount of display space is limited and the demand rate depends on the selling price, instantaneous displayed stock level and the frequency of advertisement. The objective is to maximize the average profit per unit time yielded by the retailer. Numerical examples are presented to illustrate the model and the sensitivity analysis is also reported.

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Optimal lot size model for deteriorating items with demand rate dependent on displayed stock level (DSL) and partial backordering

Cited by 53 publications

References 20 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 deterministic model for deteriorating items with displayed inventory level dependent demand rate incorporating marketing decisions with transportation cost

Optimal Ordering and Transfer Policy for an Inventory System with Time Dependent Holding Cost and Three Component Demand Rate

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