Economic order quantity model for deteriorating items with planned backorder level

Gede Agus Widyadana; Leopoldo Eduardo Cárdenas-Barrón; Hui Ming Wee

doi:10.1016/j.mcm.2011.04.028

Economic order quantity model for deteriorating items with planned backorder level

Gede Agus Widyadana
, Leopoldo Eduardo Cárdenas-Barrón
, Hui Ming Wee^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

111 Citations (Scopus)

Abstract

In this study, a deteriorating inventory problem with and without backorders is developed. From the literature search, this study is one of the first attempts by researchers to solve a deteriorating inventory problem with a simplified approach. The optimal solutions are compared with the classical methods for solving deteriorating inventory model. The total cost of the simplified model is almost identical to the original model.

Original language	English
Pages (from-to)	1569-1575
Number of pages	7
Journal	Mathematical and Computer Modelling
Volume	54
Issue number	5-6
DOIs	https://doi.org/10.1016/j.mcm.2011.04.028
Publication status	Published - Sept 2011
Externally published	Yes

Keywords

Cost-difference
Deteriorating items
EOQ

Access to Document

10.1016/j.mcm.2011.04.028

Cite this

@article{e634399fc41d4dc3b8931f452b6945c8,

title = "Economic order quantity model for deteriorating items with planned backorder level",

abstract = "In this study, a deteriorating inventory problem with and without backorders is developed. From the literature search, this study is one of the first attempts by researchers to solve a deteriorating inventory problem with a simplified approach. The optimal solutions are compared with the classical methods for solving deteriorating inventory model. The total cost of the simplified model is almost identical to the original model.",

keywords = "Cost-difference, Deteriorating items, EOQ",

author = "Widyadana, \{Gede Agus\} and C{\'a}rdenas-Barr{\'o}n, \{Leopoldo Eduardo\} and Wee, \{Hui Ming\}",

year = "2011",

month = sep,

doi = "10.1016/j.mcm.2011.04.028",

language = "English",

volume = "54",

pages = "1569--1575",

journal = "Mathematical and Computer Modelling",

issn = "0895-7177",

publisher = "Elsevier Ltd.",

number = "5-6",

}

TY - JOUR

T1 - Economic order quantity model for deteriorating items with planned backorder level

AU - Widyadana, Gede Agus

AU - Cárdenas-Barrón, Leopoldo Eduardo

AU - Wee, Hui Ming

PY - 2011/9

Y1 - 2011/9

N2 - In this study, a deteriorating inventory problem with and without backorders is developed. From the literature search, this study is one of the first attempts by researchers to solve a deteriorating inventory problem with a simplified approach. The optimal solutions are compared with the classical methods for solving deteriorating inventory model. The total cost of the simplified model is almost identical to the original model.

AB - In this study, a deteriorating inventory problem with and without backorders is developed. From the literature search, this study is one of the first attempts by researchers to solve a deteriorating inventory problem with a simplified approach. The optimal solutions are compared with the classical methods for solving deteriorating inventory model. The total cost of the simplified model is almost identical to the original model.

KW - Cost-difference

KW - Deteriorating items

KW - EOQ

UR - https://www.scopus.com/pages/publications/79957848203

U2 - 10.1016/j.mcm.2011.04.028

DO - 10.1016/j.mcm.2011.04.028

M3 - Article

AN - SCOPUS:79957848203

SN - 0895-7177

VL - 54

SP - 1569

EP - 1575

JO - Mathematical and Computer Modelling

JF - Mathematical and Computer Modelling

IS - 5-6

ER -

Economic order quantity model for deteriorating items with planned backorder level

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this