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Effects of discounting and demand rate variability on the EOQ

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  • Klein Haneveld, Willem K.
  • Teunter, Ruud H.

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  • 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.
    • Handle: RePEc:eee:proeco:v:54:y:1998:i:2:p:173-192
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    1. Ram Rachamadugu, 1988. "Error bounds for EOQ," Naval Research Logistics (NRL), John Wiley & Sons, vol. 35(5), pages 419-425, October.
    2. Chand, Suresh & Tang, Kwei, 1985. "A comparison of average and discounted cost models for the dynamic lot size inventory problem," European Journal of Operational Research, Elsevier, vol. 22(1), pages 9-18, October.
    3. Craig C. Sherbrooke, 1968. "Metric: A Multi-Echelon Technique for Recoverable Item Control," Operations Research, INFORMS, vol. 16(1), pages 122-141, February.
    4. Bruce P. Christensen & Mark A. Fryman, 1989. "Should we be using cost of capital in calculating holding costs of consumable inventory?," Naval Research Logistics (NRL), John Wiley & Sons, vol. 36(2), pages 167-177, April.
    5. G. Hadley, 1964. "A Comparison of Order Quantities Computed Using the Average Annual Cost and the Discounted Cost," Management Science, INFORMS, vol. 10(3), pages 472-476, April.
    6. Raturi, AS & Singhal, VR, 1990. "Estimating the opportunity cost of capital for inventory investments," Omega, Elsevier, vol. 18(4), pages 407-413.
    7. William Beranek, 1967. "Financial Implications of Lot-Size Inventory Models," Management Science, INFORMS, vol. 13(8), pages 401-408, April.
    8. Corbey, Michael & Jansen, Rutger, 1993. "The economic lot size and relevant costs," International Journal of Production Economics, Elsevier, vol. 30(1), pages 519-530, July.
    9. Donald Erlenkotter, 1990. "Ford Whitman Harris and the Economic Order Quantity Model," Operations Research, INFORMS, vol. 38(6), pages 937-946, December.
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    1. Moon, Ilkyeong & Lee, Suyeon, 2000. "The effects of inflation and time-value of money on an economic order quantity model with a random product life cycle," European Journal of Operational Research, Elsevier, vol. 125(3), pages 588-601, September.
    2. 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.
    3. 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.
    4. 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.
    5. Osama Abdulaziz Alamri & Navneet Kumar Lamba & Mahesh Kumar Jayaswal & Mandeep Mittal, 2024. "A Sustainable Inventory Model with Advertisement Effort for Imperfect Quality Items under Learning in Fuzzy Monsoon Demand," Mathematics, MDPI, vol. 12(15), pages 1-41, August.
    6. Horowitz, Ira, 2000. "EOQ and inflation uncertainty," International Journal of Production Economics, Elsevier, vol. 65(2), pages 217-224, April.
    7. 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.
    8. Beullens, Patrick & Janssens, Gerrit K., 2014. "Adapting inventory models for handling various payment structures using net present value equivalence analysis," International Journal of Production Economics, Elsevier, vol. 157(C), pages 190-200.
    9. 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.
    10. 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.
    11. 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.
    12. 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.
    13. Corbacioglu, Umut & van der Laan, Erwin A., 2007. "Setting the holding cost rates in a two-product system with remanufacturing," International Journal of Production Economics, Elsevier, vol. 109(1-2), pages 185-194, September.
    14. 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.
    15. 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.
    16. Beullens, Patrick, 2014. "Revisiting foundations in lot sizing—Connections between Harris, Crowther, Monahan, and Clark," International Journal of Production Economics, Elsevier, vol. 155(C), pages 68-81.
    17. Musa, Abubakar & Sani, Babangida, 2012. "Inventory ordering policies of delayed deteriorating items under permissible delay in payments," International Journal of Production Economics, Elsevier, vol. 136(1), pages 75-83.

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