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A note on optimal inventory management under inflation

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  • Ram B. Misra

Abstract

This paper develops a discounted‐cost model that is similar to the classical economic order quantity model but includes inflation rates as parameters of the inventory system. A numerical problem is solved to illustrate the effects.

Suggested Citation

  • Ram B. Misra, 1979. "A note on optimal inventory management under inflation," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 26(1), pages 161-165, March.
    • Handle: RePEc:wly:navlog:v:26:y:1979:i:1:p:161-165
    DOI: 10.1002/nav.3800260116
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    Cited by:

    1. Subrata Panja & Shyamal Kumar Mondal, 2023. "Sustainable production inventory management through bi-level greening performance in a three-echelon supply chain," Operational Research, Springer, vol. 23(1), pages 1-55, March.
    2. 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.
    3. Hui‐Ling Yang & Jinn‐Tsair Teng & Maw‐Sheng Chern, 2001. "Deterministic inventory lot‐size models under inflation with shortages and deterioration for fluctuating demand," Naval Research Logistics (NRL), John Wiley & Sons, vol. 48(2), pages 144-158, March.
    4. Debasis Das & Arindam Roy & Samarjit Kar, 2015. "A multi-warehouse partial backlogging inventory model for deteriorating items under inflation when a delay in payment is permissible," Annals of Operations Research, Springer, vol. 226(1), pages 133-162, March.
    5. Ranveer Singh Rana & Dinesh Kumar & Kanika Prasad, 2022. "Two warehouse dispatching policies for perishable items with freshness efforts, inflationary conditions and partial backlogging," Operations Management Research, Springer, vol. 15(1), pages 28-45, June.

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