Economic order quantity for a power demand pattern system with deteriorating items

European Journal of Industrial Engineering

Volumn 7, Issue 5, 2013, Pages 577-593

  Sicilia, Joaquín ^a   Febles Acosta, Jaime ^a   González De la Rosa, Manuel ^a  

^a UNIVERSIDAD DE LA LAGUNA   (Spain)

Author keywords

Deteriorating items; Economic lot size; Inventory systems; Power demand pattern

Indexed keywords

DETERIORATION; ELECTRIC POWER UTILIZATION;

DETERIORATING ITEMS; ECONOMIC ORDER QUANTITY; INFINITE PLANNING HORIZONS; INVENTORY COSTS; INVENTORY SYSTEMS; LOT SIZE; POWER DEMAND PATTERNS; REPLENISHMENT POLICY;

ECONOMIC ANALYSIS;

EID: 84887269765     PISSN: 17515254     EISSN: 17515262     Source Type: Journal    
DOI: 10.1504/EJIE.2013.057381     Document Type: Article

References (41)

1. Abdul, I. and Murata, A. (2011) 'An inventory model for deteriorating items with varying demand pattern and unknown time horizon', International Journal of Industrial Engineering Computations, Vol. 2, No. 1, pp. 61-86.
2. Aggarwal, S.P. (1978) 'A note on 'an order-level inventory model for a system with constant rate of deterioration'', Opsearch, Vol. 15, No. 4, pp. 184-187.
3. Balkhi, Z.T. and Benkherouf, L. (2004) 'On an inventory model for deteriorating items with stock dependent and time-varying demand rates', Computers and Operations Research, Vol. 31, No. 2, pp. 223-240.
4. Balkhi, Z.T. and Tadj L. (2008) 'A generalized economic order quantity model with deteriorating items and time varying demand, deterioration and costs', International Transactions in Operational Research, Vol. 15, No. 4, pp. 509-517.
5. Bose, S., Goswami, A. and Chaudhuri, K.S. (1995) 'An EOQ model for deteriorating items with linear time-dependent demand rate and shortages under inflation and time discounting', Journal of the Operational Research Society, Vol. 46, No. 6, pp. 771-782.
6. Cárdenas-Barrón, L.E. (2008) 'Optimal manufacturing batch size with rework in a single-stage production system - a simple derivation', Computers and Industrial Engineering, Vol. 55, No. 4, pp. 758-765.
7. Cárdenas-Barrón, L.E. (2009a) 'Economic production quantity with rework process at a single-stage manufacturing system with planned backorders', Computers and Industrial Engineering, Vol. 57, No. 3, pp. 1105-1113.
8. Cárdenas-Barrón, L.E. (2009b) 'On optimal batch sizing in a multi-stage production system with rework consideration', European Journal of Operational Research, Vol. 196, No. 3, pp. 1238-1244.
9. Datta, T.K. and Pal, A.K. (1988) 'Order level inventory system with power demand pattern for items with variable rate of deterioration', Indian Journal of Pure and Applied Mathematics, Vol. 19, No. 11, pp. 1043-1053.
10. i) policy inventory model for deteriorating items with time proportional demand', Journal of the Operational Research Society, Vol. 32, No. 2, pp. 137-142.
11. Dye, C-Y. (2004) 'A note on 'an EOQ model for items with Weibull distributed deterioration, shortages and power demand pattern'', International Journal of Information and Management Sciences, Vol. 15, No. 2, pp. 81-84.
12. Ghare, P.M. and Schrader, G.F. (1963) 'A model for an exponential decaying inventory', Journal of Industrial Engineering, Vol. 14, No. 5, pp. 238-243.
13. Goel, V.P. and Aggarwal, S.P. (1981) 'Order level inventory system with power demand pattern for deteriorating items', Proceedings of the All India Seminar on Operational Research and Decision Making, pp. 19-34, University of Delhi, New Delhi.
14. Goswami, A. and Chaudhuri, K.S. (1991) 'EOQ model for an inventory with a linear trend in demand and finite rate of replenishment considering shortages', International Journal of Systems Science, Vol. 22, No. 1, pp. 181-187.
15. Goyal, S.K. and Giri, B.C. (2001) 'Recent trends in modeling of deteriorating inventory', European Journal of Operational Research, Vol. 134, No. 1, pp. 1-16.
16. Hollier, R.H. and Mak, K.L. (1983) 'Inventory replenishment policies for deteriorating items in a declining market', International Journal of Production Research, Vol. 21, No. 6, pp. 813-826.
17. Hsu, P-H., Teng, H-M., and Wee, H-M. (2009) 'Optimal lot sizing for deteriorating items with triangle-shaped demand and uncertain lead time', European Journal of Industrial Engineering, Vol. 3, No. 3, pp. 247-260.
18. Jaggi, C.K., Aggarwal, K.K. and Goel, S.K. (2006) 'Optimal order policy for deteriorating items with inflation induced demand', International Journal of Production Economics, Vol. 103, No. 2, pp. 707-714.
19. Lee, W-C. and Wu, J-W. (2002) 'An EOQ model for items with Weibull distributed deterioration, shortages and power demand pattern', International Journal of Information and Management Sciences, Vol. 13, No. 2, pp. 19-34.
20. Li, R., Lan, H. and Mawhinney, J.R. (2010) 'A review on deteriorating inventory study', Journal of Service Science and Management, Vol. 3, No. 1, pp. 117-129.
21. Liao, J-J. and Huang, K-N. (2010) 'Deterministic inventory model for deteriorating items with trade credit financing and capacity constraints', Computers and Industrial Engineering, Vol. 59, No. 4, pp. 611-618.
22. Lin Y. and Lin C. (2006) 'Purchasing model for deteriorating items with time-varying demand under inflation and time discounting', International Journal of Advanced Manufacturing Technology, Vol. 27, Nos. 7-8, pp. 816-823.
23. Lin, G.C., Kroll, D.E. and Lin, C.J. (2006) 'Determining a common production cycle time for an economic lot scheduling problem with deteriorating items', European Journal of Operational Research, Vol. 173, No. 2, pp. 669-682.
24. Mehta, N.J. and Shah, N.H. (2003) 'An inventory model for deteriorating items with exponentially increasing demand and shortages under inflation and time discounting', Investigação Operacional, Vol. 23, No. 1, pp. 103-111.
25. Misra, R.B. (1975) 'Optimum production lot-size model for a system with deteriorating inventory', International Journal of Production Research, Vol. 13, No. 5, pp. 495-505.
26. Mitra, A., Cox, J.F. and Jesse R.R. (1984) 'A note on deteriorating order quantities which a linear trend in demand', Journal of the Operational Research Society, Vol. 35, No. 2, pp. 141-144.
27. Moon, I., Giri, B.C. and Ko, B. (2005) 'Economic order quantity models for ameliorating/deteriorating items under inflation and time discounting', European Journal of Operational Research, Vol. 162, No. 3, pp. 773-785.
28. Naddor, E. (1966) Inventory Systems, John Wiley and Sons. New York.
29. Raafat, F. (1991) 'Survey of literature on continuously deteriorating inventory model', Journal of the Operational Research Society, Vol. 42, No. 1, pp. 27-37.
30. Rajeswari, N. and Vanjikkodi, T. (2011) 'Deteriorating inventory model with power demand and partial backlogging', International Journal of Mathematical Archive, Vol. 2, No. 9, pp. 1495-1501.
31. Ritchie, E. (1984) 'The EOQ for linear increasing demand: a simple optimal solution', Journal of the Operational Research Society, Vol. 35, No. 10, pp. 949-952.
32. Samanta, G.P. and Roy, A. (2004) 'A deterministic inventory model of deteriorating items with two rates of production and shortages', Tamsui Oxford Journal of Mathematical Sciences, Vol. 20, No. 2, pp. 205-218.
33. Sana, S.S. (2010) 'A production-inventory model in an imperfect production process', European Journal of Operational Research, Vol. 200, No. 2, pp. 451-464.
34. Shah, Y.K. and Jaiswal, M.C. (1977) 'An order-level inventory model for a system with constant rate of deterioration', Opsearch, Vol. 14, No. 3, pp. 174-184.
35. Sicilia-Rodriguez, J., Febles-Acosta, J. and Gonzalez-De la Rosa, M. (2009) 'Order-level-lot-size inventory systems with power demand pattern', APIEMS 2008: Proceedings of the 9th Asia Pacific Industrial Engineering and Management Systems Conference, pp. 245-252, Bali, Indonesia.
36. Teng, J-T., Yang, H-L. and Chern, M-S. (2011) 'Economic order quantity models for deteriorating items and partial backlogging when demand is quadratic in time', European Journal of Industrial Engineering, Vol. 5, No. 2, pp. 198-214.
37. Warburton, R.D.H. (2009) 'EOQ extensions exploiting the Lambert W function', European Journal of Industrial Engineering, Vol. 3, No. 1, pp. 45-69.
38. Whitin, T.M. (1957) Theory of Inventory Management, Princeton University Press, Princeton, NJ.
39. Widyadana, G.A., Cárdenas-Barrón, L.E. and Wee, H.M. (2011) 'Economic order quantity model for deteriorating items with planned backorder level', Mathematical and Computer Modelling, Vol. 54, Nos. 5-6, pp. 1569-1575.
40. Wu, K-S. (2002) 'Deterministic inventory model for items with time varying demand, Weibull distribution deterioration and shortages', Yugoslav Journal of Operations Research, Vol. 12, No. 1, pp. 61-72.
41. Yan, C., Banerjee, A. and Yang, L. (2011) 'An integrated production-distribution model for a deteriorating inventory item', International Journal of Production Economics, Vol. 133, No. 1, pp. 228-232.