The Finite Horizon Trended Inventory Replenishment Problem With Shortages

Goyal, S. K.; Morin, Danielle; Nebebe, Fassil

doi:10.1057/jors.1992.183

Cited by 98 publications

(19 citation statements)

References 8 publications

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“…The second model was started with an immediate replenishment and was finished with shortage (Hariga, 1994). The third model was started with shortage and finished with zero inventories (Goyal et al, 1992). The fourth model was started with shortage and finished with shortage (Teng et al, 1997).…”

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

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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%

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

“…Mudueshwar [12] proposed the analysis procedure similar to Donaldson [13] to solve the optimal ordering time and frequency. Dave [14] amended the error in Deb and Chaudhuri model, including:…”

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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“…In the former case, the customers are not totally willing to accept the items while the latter case customers are only willing to accept the items which can be supplied by the whole sellers in the next period. Various types of inventory models with completely backlogging were discussed by Murdeshwar [13], Goyal et al [14], Chakrabarti and Chaudhuri [15], Salmeh et al [16], Zhou and Lau [17] and others.…”

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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The Finite Horizon Trended Inventory Replenishment Problem With Shortages

Cited by 98 publications

References 8 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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