Developing economic order quantity model for non-instantaneous deteriorating items in vendor-managed inventory (VMI) system
نویسندگان
چکیده
منابع مشابه
Developing EOQ model with instantaneous deteriorating items for a Vendor-Managed Inventory (VMI) system
This paper studies the economic-order-quantity model (EOQ) for deteriorating items in two cases (with and without shortages) to evaluate how vendor managed inventory (VMI) affects supply chain. We consider two-level supply chain (single supplier and a single retailer) with one instantaneous deteriorating item. A numerical example and sensitivity analysis are provided to illustrate the effect of...
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In recent researches, vendor managed inventory (VMI) policy is rarely considered for deteriorating items. This study considered the supply chain partner’s collaboration via a VMI system and provided an EOQ model for a two-level supply chain (single supplier - single retailer) to examine the inventory management proceedings for VMI and non-VMI supply chains. By a new approach in modeling, the ...
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In this paper, the classical economic production quantity (EPQ) model is developed for non-instantaneous deteriorating items by considering a relationship between the holding cost and the ordering cycle length. Two models are developed. First, the proposed model is considered when backorders are not permitted and this condition is waived for the second case. The cost functions associated with t...
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In this paper we discuss the possible affects of inflations by the supplier on a retailer’s replanishment policy for time-dependent deteriorating items with constant demand rate. This optimal order quantity is obtained for all four cases i.e. for case 1, 0<T<Td , case 2, Td ≤T<M, case 3, Td ≤M ≤T and case 4, M≤ Td <T. The optimal total relevent cost is obtain for all these four cases which is m...
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ژورنال
عنوان ژورنال: International Journal of Systems Science
سال: 2013
ISSN: 0020-7721,1464-5319
DOI: 10.1080/00207721.2013.815827