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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/65011

    Title: Comment on ‘An ordering policy for deteriorating items with allowable shortage and permissible delay in payment’ by Jamal,Sarker and Wang
    Authors: Hsieh, Tsu-Pang;Dye, Chung-Yuan;Ouyang, Liang-Yuh
    Contributors: 淡江大學經營決策學系
    Keywords: Studies;Operations research;Inventory control;Mathematical models
    Date: 2008-06
    Issue Date: 2011-10-20 16:22:25 (UTC+8)
    Publisher: Basingstoke: Palgrave Macmillan Ltd.
    Abstract: In an article published in JORS, Aggarwal and Jaggi (1995) considered the inventory model with an exponential deterioration rate under the condition of permissible delay in payments. Later on, Jamal et al (1997) extended Aggarwal and Jaggi's model to allow for shortages. This viewpoint complements the shortcomings of Jamal et al (1997). First, it shows that the optimal solution for each case not only exists but is unique under specific circumstance. Then, it provides a procedure for finding the optimal solution and shows in a rigorous way that the solution is indeed global minimum. In a specific circumstance, without the extremely high backorder cost, the model reduces to the case with no shortage and obtains the negative minimum cost.
    Relation: Journal of the Operational Research Society 59(6), pp.867-870
    DOI: 10.1057/palgrave.jors.2602579
    Appears in Collections:[Department of Management Sciences] Journal Article

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