On “An EOQ model for perishable items under stock-dependent selling rate and time-dependent partial backlogging” by Dye and Ouyang

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Title:	On “An EOQ model for perishable items under stock-dependent selling rate and time-dependent partial backlogging” by Dye and Ouyang
Authors:	張春桃;Chang, Chun-tao;Goyal, S. K.;Teng, J. T.
Contributors:	淡江大學統計學系
Keywords:	Inventory;Stock-dependent demand;Deteriorating items
Date:	2006-10-16
Issue Date:	2009-11-30 12:55:08 (UTC+8)
Publisher:	Amsterdam: Elsevier BV * North-Holland
Abstract:	In 2005, Dye and Ouyang proposed an EOQ model for perishable items under stock-dependent selling rate and time-dependent partial backlogging, and then established the unique optimal solution to the problem when building up inventory is not profitable. However, they did not provide the optimal solution to the problem when building up inventory is profitable. In this note, we establish an appropriate model in which building up inventory is profitable, and then provide an algorithm to find the optimal solution to the problem. A numerical example is used to illustrate the proposed model.
Relation:	European Journal of Operational Research 174(2), pp.923-929
DOI:	10.1016/j.ejor.2005.04.024
Appears in Collections:	[Graduate Institute & Department of Statistics] Journal Article

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