This paper investigates a production inventory model under classical EPQ framework with the assumption that customer demand during stock-out period is affected by accumulated back-orders. The backlog rate not fixed; instead, assumed to decrease proportionally existing which thereby approximated piecewise constant function. Deteriorating items are taken into consideration in this work. For bette...

Profitably managing inventories is always a big challenge for retailers in the current context of transparent and competitive business. A general retailer needs to handle both deteriorating non-deteriorating products simultaneously run Deterioration sometimes impacts retailer’s profits badly—a situation which can be alleviated by implementing proper preservation technology. In addition, improve...

While the development and application of inventory control models of deterioration products is one of the main concerns of researchers and practitioners, most studies done in this field have focused on inventory models under fixed supply lead time assumption. In this paper, at first we study researches done in inventory control of deteriorating items and classify them based on modeling approach...

Several authors have developed models for the EOQ when only a percentage of stockouts will be backordered. Most of these models are complicated, with equations unlike those for the EOQ with full backordering. In this paper we extend work by Pentico and Drake [The deterministic EOQ with partial backordering: a new approach. European Journal of Operational Research 2008; in press] that developed ...