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A supplement to the EPQ with partial backordering and phase-dependent backordering rate

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  • Wee, Hui-Ming
  • Wang, Wan-Tsu
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    Abstract

    In this note, we extend Pentico et al. (2011)'s [1] EPQ model where the authors considered two different backordering rates during shortage period; they assumed the backordering rate increases only from the start of production phase. We propose two models that allow the backordering rate to increase anytime during the production phase, and thus provide more flexibility for decision-makers to vary the backordering rate.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0305048311001022
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    Bibliographic Info

    Article provided by Elsevier in its journal Omega.

    Volume (Year): 40 (2012)
    Issue (Month): 3 ()
    Pages: 264-266

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    Handle: RePEc:eee:jomega:v:40:y:2012:i:3:p:264-266

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    Related research

    Keywords: Inventory; EPQ; Partial backorders;

    References

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    1. Pentico, David W. & Drake, Matthew J. & Toews, Carl, 2011. "The EPQ with partial backordering and phase-dependent backordering rate," Omega, Elsevier, vol. 39(5), pages 574-577, October.
    2. Pentico, David W. & Drake, Matthew J. & Toews, Carl, 2009. "The deterministic EPQ with partial backordering: A new approach," Omega, Elsevier, vol. 37(3), pages 624-636, June.
    3. Zhang, Ren-qian, 2009. "A note on the deterministic EPQ with partial backordering," Omega, Elsevier, vol. 37(5), pages 1036-1038, October.
    4. Pentico, David W. & Drake, Matthew J., 2011. "A survey of deterministic models for the EOQ and EPQ with partial backordering," European Journal of Operational Research, Elsevier, vol. 214(2), pages 179-198, October.
    5. Toews, Carl & Pentico, David W. & Drake, Matthew J., 2011. "The deterministic EOQ and EPQ with partial backordering at a rate that is linearly dependent on the time to delivery," International Journal of Production Economics, Elsevier, vol. 131(2), pages 643-649, June.
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    Cited by:
    1. Taleizadeh, Ata Allah & Pentico, David W. & Saeed Jabalameli, Mohammad & Aryanezhad, Mirbahador, 2013. "An EOQ model with partial delayed payment and partial backordering," Omega, Elsevier, vol. 41(2), pages 354-368.
    2. Stojkovska, Irena, 2013. "On the optimality of the optimal policies for the deterministic EPQ with partial backordering," Omega, Elsevier, vol. 41(5), pages 919-923.
    3. Wee, Hui Ming & Widyadana, Gede Agus, 2013. "A production model for deteriorating items with stochastic preventive maintenance time and rework process with FIFO rule," Omega, Elsevier, vol. 41(6), pages 941-954.
    4. Teng, Jinn-Tsair & Min, Jie & Pan, Qinhua, 2012. "Economic order quantity model with trade credit financing for non-decreasing demand," Omega, Elsevier, vol. 40(3), pages 328-335.

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