메뉴 건너뛰기




Volumn 50, Issue 2, 2004, Pages 253-267

Ordering and Inventory Policies for Step Changes in the Unit Item Cost: A Discounted Cash Flow Approach

Author keywords

Annuity stream; Discounted cash flow; Inventory management; Net present value; Price changes; Purchasing

Indexed keywords

APPROXIMATION THEORY; COSTS; INDUSTRIAL ECONOMICS; INVESTMENTS; MATHEMATICAL MODELS; PURCHASING;

EID: 1642390888     PISSN: 00251909     EISSN: None     Source Type: Journal    
DOI: 10.1287/mnsc.1030.0150     Document Type: Article
Times cited : (31)

References (26)
  • 1
    • 0042557621 scopus 로고
    • A discounted value approach in developing optimal ordering policies
    • Ardalan, A. 1991. A discounted value approach in developing optimal ordering policies. Engrg. Economist 36(4) 297-306.
    • (1991) Engrg. Economist , vol.36 , Issue.4 , pp. 297-306
    • Ardalan, A.1
  • 2
    • 0023311045 scopus 로고
    • Cost comparisons for out-of-phase inventory models
    • Baker, R. C., M. Hannah. 1987. Cost comparisons for out-of-phase inventory models. J. Oper. Res. Soc. 311 253-260.
    • (1987) J. Oper. Res. Soc. , vol.311 , pp. 253-260
    • Baker, R.C.1    Hannah, M.2
  • 3
    • 0040316429 scopus 로고
    • An inventory model for a product for which purchase price fluctuates
    • Goyal, S. K. 1975. An inventory model for a product for which purchase price fluctuates. NZOR 3 112-117.
    • (1975) NZOR , vol.3 , pp. 112-117
    • Goyal, S.K.1
  • 4
    • 0018990961 scopus 로고
    • A principle for determining the correct capital costs of work-in-progress and inventory
    • Grubbström, R. W. 1980. A principle for determining the correct capital costs of work-in-progress and inventory. Internat. J. Production Res. 18(2) 259-271.
    • (1980) Internat. J. Production Res. , vol.18 , Issue.2 , pp. 259-271
    • Grubbström, R.W.1
  • 5
    • 24544454372 scopus 로고
    • Economic order quantity under price variations
    • Cogne, Italy, and working paper WP-178, Department of Production Economics, Linköping Institute of Technology, SE-581, 83 Linköping, Sweden
    • Grubbström, R. W., B. G. Kingsman. 1992. Economic order quantity under price variations. 11th Meeting Eur. Working Group Financial Model. Cogne, Italy, and working paper WP-178, Department of Production Economics, Linköping Institute of Technology, SE-581, 83 Linköping, Sweden.
    • (1992) 11th Meeting Eur. Working Group Financial Model
    • Grubbström, R.W.1    Kingsman, B.G.2
  • 6
    • 85039574196 scopus 로고
    • Ordering and inventory policies for step changes in the unit item cost: A discounted cash flow approach
    • revised 1997, 2002, Department of Production Economics, Linköping Institute of Technology, Linköping, Sweden
    • Grubbström, R. W., B. G. Kingsman. (1995, revised 1997, 2002). Ordering and inventory policies for step changes in the unit item cost: A discounted cash flow approach. Research report RR-130, Department of Production Economics, Linköping Institute of Technology, Linköping, Sweden.
    • (1995) Research Report , vol.RR-130
    • Grubbström, R.W.1    Kingsman, B.G.2
  • 7
    • 0020494971 scopus 로고
    • Evaluation of capital costs in a multi-level inventory system by means of the annuity stream principle
    • Grubbström, R. W., A. Thorstenson. 1986. Evaluation of capital costs in a multi-level inventory system by means of the annuity stream principle. Eur. J. Oper. Res. 24(1) 136-145.
    • (1986) Eur. J. Oper. Res. , vol.24 , Issue.1 , pp. 136-145
    • Grubbström, R.W.1    Thorstenson, A.2
  • 8
    • 0001474657 scopus 로고
    • A comparison of order quantities computed using the average annual cost and discounted cost
    • Hadley, G. 1964. A comparison of order quantities computed using the average annual cost and discounted cost. Management Sci. 10(3) 472-476.
    • (1964) Management Sci. , vol.10 , Issue.3 , pp. 472-476
    • Hadley, G.1
  • 10
    • 0024717143 scopus 로고
    • Ordering and stockholding under price inflation when prices increase in successive jumps
    • R. W. Grubbström, H. H. Hinterhuber, eds. Elsevier Science Publishers, Amsterdam, The Netherlands
    • Kingsman, B. G., A. Boussofiane. 1989. Ordering and stockholding under price inflation when prices increase in successive jumps. R. W. Grubbström, H. H. Hinterhuber, eds. Production Economics - State of the Art and Perspectives. Elsevier Science Publishers, Amsterdam, The Netherlands, 395-407.
    • (1989) Production Economics - State of the Art and Perspectives , pp. 395-407
    • Kingsman, B.G.1    Boussofiane, A.2
  • 11
    • 0018289355 scopus 로고
    • An inventory model with finite horizon and price changes
    • Lev, B., A. L. Soyster. 1979. An inventory model with finite horizon and price changes. J. Oper. Res. Soc. 30 43-53.
    • (1979) J. Oper. Res. Soc. , vol.30 , pp. 43-53
    • Lev, B.1    Soyster, A.L.2
  • 12
    • 0025214765 scopus 로고
    • Inventory models with cost changes
    • Lev, B., H. E. Weiss. 1990. Inventory models with cost changes. Oper. Res. 38(1) 53-63.
    • (1990) Oper. Res. , vol.38 , Issue.1 , pp. 53-63
    • Lev, B.1    Weiss, H.E.2
  • 13
    • 0019574626 scopus 로고
    • Optimal ordering policies when anticipating parameter changes in EOQ systems
    • Lev, B., H. J. Weiss, A. L. Soyster. 1981. Optimal ordering policies when anticipating parameter changes in EOQ systems. Nav. Res. Logist. Quart. 28(2) 267-278.
    • (1981) Nav. Res. Logist. Quart. , vol.28 , Issue.2 , pp. 267-278
    • Lev, B.1    Weiss, H.J.2    Soyster, A.L.3
  • 14
    • 1642388640 scopus 로고
    • Economic order quantities and multiple set-up costs
    • Lippman, S. A. 1971. Economic order quantities and multiple set-up costs. Management Sci. 111 312-347.
    • (1971) Management Sci. , vol.111 , pp. 312-347
    • Lippman, S.A.1
  • 15
    • 0025478095 scopus 로고
    • Criteria for evaluating purchase quantity decisions in response to future price increases
    • Markowski, E. P. 1990. Criteria for evaluating purchase quantity decisions in response to future price increases. Eur. J. Oper. Res. 47 364-370.
    • (1990) Eur. J. Oper. Res. , vol.47 , pp. 364-370
    • Markowski, E.P.1
  • 16
    • 0001607883 scopus 로고
    • Note on an EOQ model with a temporary sale price
    • Martin, G. E. 1994. Note on an EOQ model with a temporary sale price. Internat. J. Production Econom. 37 241-243.
    • (1994) Internat. J. Production Econom. , vol.37 , pp. 241-243
    • Martin, G.E.1
  • 18
    • 0003792544 scopus 로고
    • John Wiley and Sons, New York
    • Naddor, E. 1966. Inventory Systems. John Wiley and Sons, New York, 97-100.
    • (1966) Inventory Systems , pp. 97-100
    • Naddor, E.1
  • 19
    • 0002895112 scopus 로고
    • Investing in new parameter values in the discounted EOQ model
    • Porteus, E. L. 1986. Investing in new parameter values in the discounted EOQ model. Naval Res. Logist. Quart. 33 39-48.
    • (1986) Naval Res. Logist. Quart. , vol.33 , pp. 39-48
    • Porteus, E.L.1
  • 20
    • 84977408091 scopus 로고
    • Suboptimality of equal lot sizes for finite horizon problems
    • Rachamadugu, R., R. Ramasesh. 1994. Suboptimality of equal lot sizes for finite horizon problems. Naval Res. Logist. Quart. 41 1019-1027.
    • (1994) Naval Res. Logist. Quart. , vol.41 , pp. 1019-1027
    • Rachamadugu, R.1    Ramasesh, R.2
  • 21
    • 0015399644 scopus 로고
    • Economic order quantities for products with finite demand horizons
    • Schwarz, L. B. 1972. Economic order quantities for products with finite demand horizons. AIIE Trans. 4 234-237.
    • (1972) AIIE Trans. , vol.4 , pp. 234-237
    • Schwarz, L.B.1
  • 22
    • 0022022309 scopus 로고
    • Optimal ordering strategies for announced price increases
    • Taylor, S. G., C. E. Bradley. 1985. Optimal ordering strategies for announced price increases. Oper. Res. 33(2) 312-325.
    • (1985) Oper. Res. , vol.33 , Issue.2 , pp. 312-325
    • Taylor, S.G.1    Bradley, C.E.2
  • 24
    • 84989449394 scopus 로고
    • Inventory management and capital budgeting: A pedagogical note
    • Thompson, H. E. 1975. Inventory management and capital budgeting: A pedagogical note. Decision Sci. 6(2) 383-398.
    • (1975) Decision Sci. , vol.6 , Issue.2 , pp. 383-398
    • Thompson, H.E.1
  • 25
    • 0008344741 scopus 로고
    • Theoretical analysis of the difference between the traditional and the annuity stream principles applied to inventory evaluation
    • R. Flavell, ed. Physica-Verlag, Heidelberg, Germany
    • Thorstenson, A., R. W. Grubbström. 1993. Theoretical analysis of the difference between the traditional and the annuity stream principles applied to inventory evaluation. R. Flavell, ed. Modelling Reality and Personal Modelling. Physica-Verlag, Heidelberg, Germany, 296-326.
    • (1993) Modelling Reality and Personal Modelling , pp. 296-326
    • Thorstenson, A.1    Grubbström, R.W.2
  • 26
    • 85005397927 scopus 로고
    • A present value formulation of the classical EOQ problem
    • Trippi, R. R., D. E. Lewin. 1974. A present value formulation of the classical EOQ problem. Decision Sci. 5 30-35.
    • (1974) Decision Sci. , vol.5 , pp. 30-35
    • Trippi, R.R.1    Lewin, D.E.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.