518
Views
46
CrossRef citations to date
0
Altmetric
Original Articles

An EPQ model for deteriorating items with inventory-level-dependent demand and permissible delay in payments

, , &
Pages 1039-1053 | Received 22 Dec 2009, Accepted 02 Jan 2012, Published online: 20 Feb 2012

References

  • Aggarwal , SP and Jaggi , CK . 1995 . Ordering Policies of Deteriorating Items under Permissible Delay in Payments . Journal of the Operational Research Society , 46 : 658 – 662 .
  • Balakrishnan , A , Pangburn , MS and Stavrulaki , E . 2004 . Stack Them High, Let ‘em fly’: Lot-sizing Policies When Inventories Stimulate Demand . Management Science , 50 : 630 – 644 .
  • Cárdenas-Barrón , LE . 2001 . The Economic Production Quantity (EPQ) with Shortage Derived Algebraically . International Journal of Production Economics , 70 : 289 – 292 .
  • Cárdenas-Barrón , LE . 2009 . Optimal Ordering Policies in Response to a Discount Offer: Extensions . International Journal of Production Economics , 122 : 774 – 782 .
  • Cárdenas-Barrón , LE , Smith , NR and Goyal , SK . 2010 . Optimal Order Size to Take Advantage of a One-time Discount Offer with Allowed Backorders . Applied Mathematical Modelling , 34 : 1642 – 1652 .
  • Chang , CT . 2004 . An EOQ Model with Deteriorating Items under Inflation When Supplier Credits Linked to Order Quantity . International Journal of Production Economics , 88 : 307 – 316 .
  • Chang , HJ , Hung , CH and Dye , CY . 2001 . An Inventory Model for Deteriorating Items with Linear Trend Demand under the Condition that Permissible Delay in Payments . Production Planning & Control , 12 : 274 – 282 .
  • Chang , CT , Teng , JT and Goyal , SK . 2008 . Inventory Lot-size Models under Trade Credits: A Review . Asia Pacific Journal of Operational Research , 25 : 89 – 112 .
  • Chang , CT , Teng , JT and Goyal , SK . 2010 . Optimal Replenishment Policies for Non-instantaneous Deteriorating Items with Stock-dependent Demand . International Journal of Production Economics , 123 : 62 – 68 .
  • Chung , KJ . 2010 . The Optimal Inventory Policy for EPQ Model under Trade Credit . International Journal of Systems Science , 41 : 1115 – 1120 .
  • Chung , KJ and Huang , YF . 2003 . The Optimal Cycle Time for EPQ Inventory Model under Permissible Delay in Payments . International Journal of Production Economics , 84 : 307 – 318 .
  • Chung , KJ and Huang , TS . 2007 . The Optimal Retailer's Ordering Policies for Deteriorating Items with Limited Storage Capacity under Trade Credit Financing . International Journal of Production Economics , 106 : 127 – 145 .
  • Chung , KJ and Wee , HM . 2008 . An Integrated Production-Inventory Deteriorating Model for Pricing Policy Considering Imperfect Production, Inspection Planning and Warranty-period- and Stock-level-dependent Demand . International Journal of Systems Science , 39 : 823 – 837 .
  • Dye , CY and Ouyang , LY . 2005 . An Inventory Models for Perishable Items under Stock-dependent Selling Rate and Time-dependent Partial Backlogging . European Journal of Operational Research , 163 : 776 – 783 .
  • Goyal , SK . 1985 . Economic Order Quantity under Conditions of Permissible Delay in Payments . Journal of the Operational Research Society , 36 : 335 – 338 .
  • Huang , YF . 2004 . Optimal Retailer's Replenishment Policy for the EPQ Model under the Supplier's Trade Credit Policy . Production Planning & Control , 15 : 27 – 33 .
  • Huang , YF . 2007 . Optimal Retailer's Replenishment Decisions in the EPQ Model under Two Levels of Trade Credit Policy . European Journal of Operational Research , 176 : 1577 – 1591 .
  • Huang , YF and Huang , HF . 2008 . Optimal Inventory Replenishment Policy for the EPQ Model under Trade Credit Derived without Derivatives . International Journal of Systems Science , 39 : 539 – 546 .
  • Jaggi , CK , Goyal , SK and Goel , SK . 2008 . Retailer's Optimal Replenishment Decisions with Credit-linked Demand under Permissible Delay in Payments . European Journal of Operational Research , 190 : 130 – 135 .
  • Jamal , AMM , Sarker , BR and Wang , S . 1997 . An Ordering Policy for Deteriorating Items with Allowable Shortages and Permissible Delay in Payment . Journal of the Operational Research Society , 48 : 826 – 833 .
  • Koschat , M . 2008 . Store Inventory can Affect Demand: Empirical Evidence from Magazine Retailing . Journal of Retailing , 84 : 165 – 179 .
  • Levin , RI , McLaughlin , CP , Lamone , RP and Kottas , JF . 1972 . Production/Operations Management: Contemporary Policy for Managing Operating Systems , New York : McGraw-Hill .
  • Liao , JJ . 2007 . On an EPQ Model for Deteriorating Items under Permissible Delay in Payments . Applied Mathematical Modelling , 31 : 393 – 403 .
  • Liao , JJ . 2008 . An EOQ Model with Non Instantaneous Receipt and Exponentially Deteriorating Items under Two-level Trade Credit . International Journal of Production Economics , 113 : 852 – 861 .
  • Min , J and Zhou , YW . 2009 . A Perishable Inventory Model under Stock-dependent Selling Rate and Shortage-dependent Partial Backlogging with Capacity Constraint . International Journal of Systems Science , 40 : 33 – 44 .
  • Min , J , Zhou , YW and Zhao , J . 2010 . An Inventory Model for Deteriorating Items under Stock-dependent Demand and Two-level Trade Credit . Applied Mathematical Modelling , 34 : 3273 – 3285 .
  • Ouyang , LY , Teng , JT , Goyal , SK and Yang , CT . 2008 . An Economic Order Quantity Model for Deteriorating Items with Partially Permissible Delay in Payments Linked to Order Quantity . European Journal of Operational Research , 194 : 418 – 431 .
  • Pentico , DW , Drake , MJ and Toews , C . 2011 . The EPQ with Partial Backordering and Phase-dependent Backordering Rate . Omega , 39 : 574 – 577 .
  • Roy , A and Samanta , GP . 2011 . Inventory Model with Two Rates of Production for Deteriorating Items with Permissible Delay in Payments . International Journal of Systems Science , 42 : 1375 – 1386 .
  • Sana , SS and Chaudhuri , KS . 2008 . A Deterministic EOQ Model with Delays in Payments and Price-discount Offers . European Journal of Operational Research , 184 : 509 – 533 .
  • Sarker , BR , Jamal , AMM and Wang , S . 2000 . Supply Chain Model for Perishable Products under Inflation and Permissible Delay in Payment . Computers and Operations Research , 27 : 59 – 75 .
  • Silver , EA and Peterson , R . 1985 . Decision Systems for Inventory Management and Production Planning , New York : Wiley .
  • Soni , H and Shah , NH . 2009 . Ordering Policy for Stock-dependent Demand Rate under Progressive Payment Scheme . International Journal of Systems Science , 40 : 81 – 89 .
  • Stavrulaki , E . 2011 . Inventory Decisions for Substitutable Products with Stock-dependent Demand . International Journal of Production Economics , 129 : 65 – 78 .
  • Teng , JT . 2002 . On the Economic Order Quantity under Conditions of Permissible Delay in Payments . Journal of the Operational Research Society , 53 : 915 – 918 .
  • Teng , JT and Chang , CT . 2009 . Optimal Manufacturer's Replenishment Policies in the EPQ Model under Two Levels of Trade Credit Policy . European Journal of Operational Research , 195 : 358 – 363 .
  • Teng , JT , Chang , CT and Goyal , SK . 2005 . Optimal Pricing and Ordering Policy under Permissible Delay in Payments . International Journal of Production Economics , 97 : 121 – 129 .
  • Teng , JT , Ouyang , LY and Chen , LH . 2006 . Optimal Manufacturer's Pricing and Lot-sizing Policies under Trade Credit Financing . International Transactions in Operational Research , 13 : 515 – 528 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.