Optimal ordering policy for deteriorating items with partial backlogging under permissible delay in payments
學年 92
學期 2
發表日期 2004-05-29
作品名稱 Optimal ordering policy for deteriorating items with partial backlogging under permissible delay in payments
作品名稱(其他語言)
著者 Ouyang, Liang-yuh; Teng, J. T.; Chen, L. H.
作品所屬單位 淡江大學經營決策學系
出版者 Tamkang University
會議名稱 2004年管理科學與經營決策國際學術研討會
會議地點 台北縣,台灣
摘要 In 1985, Goyal developed an Economic order quantity (EOQ) model under conditions of permissible delay in payments. Jamal et al. then generalized Goyal’s model for deteriorating items with completely backlogging. However, they only ran several simulations to indicate that the total relevant cost may be convex. Recently, Teng amended Goyal’s model by considering the difference between unit price and unit cost, and provided an alternative conclusion that it makes economic sense for some retailers to order less quantity and take the benefits of the permissible delay more frequently. However, he did not consider deteriorating items and partial backlogging. In this paper, we establish a general EOQ model for deteriorating items when the supplier offers a permissible delay in payments. For generality, our model allows not only the partial backlogging rate to be related to the waiting time but also the unit selling price to be larger than the unit purchase cost. Consequently, the proposed model includes numerous previous models as special cases. In addition, we mathematically prove that the total relevant cost is strictly pseudo-convex so that the optimal solution exists and is unique. Finally, our computational results reveal six managerial phenomena.
關鍵字 deteriorating items;finance;inventory;partial backlogging
語言 en
收錄於
會議性質 國內
校內研討會地點
研討會時間 20040529~20040529
通訊作者
國別 TWN
公開徵稿
出版型式
出處 2004年管理科學與經營決策國際學術研討會論文集,頁55-76
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