![On ''An EOQ model for perishable items under stock-dependent selling [An article from: European Journal of Operational Research]](https://www.ebooknetworking.net/books/B00/0P6/bigB000P6ODMU.jpg)
On ''An EOQ model for perishable items under stock-dependent selling [An article from: European Journal of Operational Research]
Book Details
Author(s)C.T. Chang, S.K. Goyal, J.T. Teng
PublisherElsevier
ISBN / ASINB000P6ODMU
ISBN-13978B000P6ODM6
AvailabilityAvailable for download now
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸
Description
This digital document is a journal article from European Journal of Operational Research, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
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.
Description:
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.
