Title
A Joint EOQ Model for supplier and retailer with deteriorating items.
Abstract
The paper studies the joint inventory model between supplier and retailer relying on mutual cooperation. Unlike other studies, the deteriorated rate and partial back-ordering are consistent with assumptions for dealing with more general cases. Since it is difficult to solve this problem directly, we derived the sufficient and necessary conditions in the planning horizon, and proposed a procedure to find the optimal solution. Numerical examples and sensitivity analyses are also provided to illustrate the solution procedure. The results reveal that the extensions of the model provide a wider and reasonable situation in practice, and that they also reduce the total cost.
Year
DOI
Venue
2004
10.1142/S0217595904000114
ASIA-PACIFIC JOURNAL OF OPERATIONAL RESEARCH
Keywords
Field
DocType
EOQ,deterioration,joint inventory model
Mathematical optimization,Time horizon,Economic order quantity,Operations research,Total cost,Mathematics
Journal
Volume
Issue
ISSN
21
2
0217-5959
Citations 
PageRank 
References 
1
0.35
9
Authors
2
Name
Order
Citations
PageRank
Chinho Lin135431.35
Yihsu Lin2171.80