The effects of inflation and time-value of money on an economic order quantity model with a random product life cycle
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Hariga, M. A. & Ben-Daya, M., 1996. "Optimal time varying lot-sizing models under inflationary conditions," European Journal of Operational Research, Elsevier, vol. 89(2), pages 313-325, March.
- Klein Haneveld, Willem K. & Teunter, Ruud H., 1998. "Effects of discounting and demand rate variability on the EOQ," International Journal of Production Economics, Elsevier, vol. 54(2), pages 173-192, January.
- Park, Chan S. & Son, Young K., 1989. "The effect of discounting on inventory lot sizing models," Engineering Costs and Production Economics, Elsevier, vol. 16(1), pages 35-48, February.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Moon, Ilkyeong & Giri, Bibhas Chandra & Ko, Byungsung, 2005. "Economic order quantity models for ameliorating/deteriorating items under inflation and time discounting," European Journal of Operational Research, Elsevier, vol. 162(3), pages 773-785, May.
- Lo, Sh-Tyan & Wee, Hui-Ming & Huang, Wen-Chang, 2007. "An integrated production-inventory model with imperfect production processes and Weibull distribution deterioration under inflation," International Journal of Production Economics, Elsevier, vol. 106(1), pages 248-260, March.
- J. N. Roul & K. Maity & S. Kar & M. Maiti, 2020. "Optimal time-dependent production policy under random time horizon," OPSEARCH, Springer;Operational Research Society of India, vol. 57(2), pages 391-413, June.
- Mesak, Hani I. & Bari, Abdullahel & Luehlfing, Michael S. & Han, Fei, 2015. "On modeling the advertising-operations interface under asymmetric competition," European Journal of Operational Research, Elsevier, vol. 240(1), pages 278-291.
- P. Majumder & U. K. Bera & M. Maiti, 2020. "An EPQ model of substitutable products under trade credit policy with stock dependent and random substitution," OPSEARCH, Springer;Operational Research Society of India, vol. 57(4), pages 1205-1243, December.
- Maryam Ghoreishi & Gerhard-Wilhelm Weber & Abolfazl Mirzazadeh, 2015. "An inventory model for non-instantaneous deteriorating items with partial backlogging, permissible delay in payments, inflation- and selling price-dependent demand and customer returns," Annals of Operations Research, Springer, vol. 226(1), pages 221-238, March.
- Debasis Das & Mohuya Kar & Arindam Roy & Samarjit Kar, 2012. "Two-warehouse production model for deteriorating inventory items with stock-dependent demand under inflation over a random planning horizon," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 20(2), pages 251-280, June.
- Roy, Arindam & kar, Samarjit & Maiti, Manoranjan, 2010. "A volume flexible production-policy for randomly deteriorating item with trended demand and shortages," International Journal of Production Economics, Elsevier, vol. 128(1), pages 188-199, November.
- Beullens, Patrick & Janssens, Gerrit K., 2011. "Holding costs under push or pull conditions - The impact of the Anchor Point," European Journal of Operational Research, Elsevier, vol. 215(1), pages 115-125, November.
- J-M Chen & T-H Chen, 2005. "Effects of joint replenishment and channel coordination for managing multiple deteriorating products in a supply chain," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(10), pages 1224-1234, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Beullens, Patrick & Janssens, Gerrit K., 2011. "Holding costs under push or pull conditions - The impact of the Anchor Point," European Journal of Operational Research, Elsevier, vol. 215(1), pages 115-125, November.
- Serrano, Alejandro & Oliva, Rogelio & Kraiselburd, Santiago, 2017. "On the cost of capital in inventory models with deterministic demand," International Journal of Production Economics, Elsevier, vol. 183(PA), pages 14-20.
- Horowitz, Ira, 2000. "EOQ and inflation uncertainty," International Journal of Production Economics, Elsevier, vol. 65(2), pages 217-224, April.
- Jaber, Mohamad Y. & Bonney, Maurice, 2001. "Economic lot sizing with learning and continuous time discounting: Is it significant?," International Journal of Production Economics, Elsevier, vol. 71(1-3), pages 135-143, May.
- B C Giri & T Dohi, 2005. "Exact formulation of stochastic EMQ model for an unreliable production system," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(5), pages 563-575, May.
- Robert R. Inman & Philip C. Jones & Guillermo M. Gallego, 1991. "Economic lot scheduling of fully loaded processes with external setups," Naval Research Logistics (NRL), John Wiley & Sons, vol. 38(5), pages 699-713, October.
- van der Laan, Erwin, 2003.
"An NPV and AC analysis of a stochastic inventory system with joint manufacturing and remanufacturing,"
International Journal of Production Economics, Elsevier, vol. 81(1), pages 317-331, January.
- van der Laan, E.A., 2000. "An NPV and AC Analysis of a Stochastic Inventory System with Joint Manufacturing and Remanufacturing," ERIM Report Series Research in Management ERS-2000-38-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
- Hop, Nguyen Van & Tabucanon, Mario T., 2005. "Adaptive genetic algorithm for lot-sizing problem with self-adjustment operation rate," International Journal of Production Economics, Elsevier, vol. 98(2), pages 129-135, November.
- Moon, Ilkyeong & Giri, Bibhas Chandra & Ko, Byungsung, 2005. "Economic order quantity models for ameliorating/deteriorating items under inflation and time discounting," European Journal of Operational Research, Elsevier, vol. 162(3), pages 773-785, May.
- J. N. Roul & K. Maity & S. Kar & M. Maiti, 2020. "Optimal time-dependent production policy under random time horizon," OPSEARCH, Springer;Operational Research Society of India, vol. 57(2), pages 391-413, June.
- Farvid, Mojtaba & Rosling, Kaj, 2014. "The discounted (R,Q) inventory model—The Shrewd Accountant's Heuristic," International Journal of Production Economics, Elsevier, vol. 149(C), pages 17-27.
- Abedinnia, Hamid & Moghaddamkia, Hoda & Glock, C. H., 2016. "A joint economic lot size model under continuously increasing purchase prices of raw materials," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 82129, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
- Grubbström, Robert W., 2010. "The Newsboy problem when customer demand is a compound renewal process," European Journal of Operational Research, Elsevier, vol. 203(1), pages 134-142, May.
- Hou, Kuo-Lung, 2006. "An inventory model for deteriorating items with stock-dependent consumption rate and shortages under inflation and time discounting," European Journal of Operational Research, Elsevier, vol. 168(2), pages 463-474, January.
- Larsen, Kim S. & Wøhlk, Sanne, 2010. "Competitive analysis of the online inventory problem," European Journal of Operational Research, Elsevier, vol. 207(2), pages 685-696, December.
- Mandeep Mittal & Vibhor Jain & Jayanti Tripathi Pandey & Muskan Jain & Himani Dem, 2023. "Optimizing Inventory Management: A Comprehensive Analysis of Models Integrating Diverse Fuzzy Demand Functions," Mathematics, MDPI, vol. 12(1), pages 1-18, December.
- Teunter, Ruud H. & van der Laan, Erwin & Inderfurth, Karl, 2000. "How to set the holding cost rates in average cost inventory models with reverse logistics?," Omega, Elsevier, vol. 28(4), pages 409-415, August.
- Giri, B. C. & Dohi, T., 2004. "Optimal lot sizing for an unreliable production system based on net present value approach," International Journal of Production Economics, Elsevier, vol. 92(2), pages 157-167, November.
- Maryam Ghoreishi & Gerhard-Wilhelm Weber & Abolfazl Mirzazadeh, 2015. "An inventory model for non-instantaneous deteriorating items with partial backlogging, permissible delay in payments, inflation- and selling price-dependent demand and customer returns," Annals of Operations Research, Springer, vol. 226(1), pages 221-238, March.
- Matsuyama, Keisuke, 2001. "The EOQ-Models modified by introducing discount of purchase price or increase of setup cost," International Journal of Production Economics, Elsevier, vol. 73(1), pages 83-99, August.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:125:y:2000:i:3:p:588-601. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.