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Replenishment and pricing policy for deteriorating items taking into account the time-value of money

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  • Wee, Hui-Ming
  • Law, Sh-Tyan

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  • Wee, Hui-Ming & Law, Sh-Tyan, 2001. "Replenishment and pricing policy for deteriorating items taking into account the time-value of money," International Journal of Production Economics, Elsevier, vol. 71(1-3), pages 213-220, May.
    • Handle: RePEc:eee:proeco:v:71:y:2001:i:1-3:p:213-220
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    1. Hariga, Moncer A., 1995. "Effects of inflation and time-value of money on an inventory model with time-dependent demand rate and shortages," European Journal of Operational Research, Elsevier, vol. 81(3), pages 512-520, March.
    2. van Delft, Ch. & Vial, J. P., 1996. "Discounted costs, obsolescence and planned stockouts with the EOQ formula," International Journal of Production Economics, Elsevier, vol. 44(3), pages 255-265, July.
    3. Wee, Hui-Ming, 1995. "Joint pricing and replenishment policy for deteriorating inventory with declining market," International Journal of Production Economics, Elsevier, vol. 40(2-3), pages 163-171, August.
    4. Sarker, Bhaba R. & Pan, Haixu, 1994. "Effects of inflation and the time value of money on order quantity and allowable shortage," International Journal of Production Economics, Elsevier, vol. 34(1), pages 65-72, February.
    5. Trichy V. Krishnan & Frank M. Bass & Dipak C. Jain, 1999. "Optimal Pricing Strategy for New Products," Management Science, INFORMS, vol. 45(12), pages 1650-1663, December.
    6. אסתר טולידנו, 1994. "מקבלי דמי אבטלה בשנת 1993," Working Papers 439, National Insurance Institute of Israel.
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    Cited by:

    1. J-M Chen & L-T Chen, 2004. "Pricing and lot-sizing for a deteriorating item in a periodic review inventory system with shortages," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(8), pages 892-901, August.
    2. Lo, Sh-Tyan & Wee, Hui-Ming & Huang, Wen-Chang, 2007. "An integrated production-inventory model with imperfect production processes and Weibull distribution deterioration under inflation," International Journal of Production Economics, Elsevier, vol. 106(1), pages 248-260, March.
    3. Wee, Hui-Ming & Lee, Ming-Chang & Yu, Jonas C.P. & Edward Wang, C., 2011. "Optimal replenishment policy for a deteriorating green product: Life cycle costing analysis," International Journal of Production Economics, Elsevier, vol. 133(2), pages 603-611, October.
    4. Chen, Xu & Li, Ling & Zhou, Ming, 2012. "Manufacturer's pricing strategy for supply chain with warranty period-dependent demand," Omega, Elsevier, vol. 40(6), pages 807-816.
    5. Yang, Gino & Ronald, Robert J. & Chu, Peter, 2005. "Inventory models with variable lead time and present value," European Journal of Operational Research, Elsevier, vol. 164(2), pages 358-366, July.
    6. Asoke Kumar Bhunia & Ali Akbar Shaikh, 2016. "Investigation of two-warehouse inventory problems in interval environment under inflation via particle swarm optimization," Mathematical and Computer Modelling of Dynamical Systems, Taylor & Francis Journals, vol. 22(2), pages 160-179, March.
    7. Bakker, Monique & Riezebos, Jan & Teunter, Ruud H., 2012. "Review of inventory systems with deterioration since 2001," European Journal of Operational Research, Elsevier, vol. 221(2), pages 275-284.
    8. Maryam Ghoreishi & Gerhard-Wilhelm Weber & Abolfazl Mirzazadeh, 2015. "An inventory model for non-instantaneous deteriorating items with partial backlogging, permissible delay in payments, inflation- and selling price-dependent demand and customer returns," Annals of Operations Research, Springer, vol. 226(1), pages 221-238, March.
    9. Prashant Chintapalli, 2015. "Simultaneous pricing and inventory management of deteriorating perishable products," Annals of Operations Research, Springer, vol. 229(1), pages 287-301, June.
    10. Lianmin Zhang & Lei Guan & Daniel Zhuoyu Long & Houcai Shen & Huajun Tang, 2023. "Who is better off by selling extended warranties in the supply chain: the manufacturer, the retailer, or both?," Annals of Operations Research, Springer, vol. 328(2), pages 1557-1583, September.
    11. A.K. Bhunia & A.A. Shaikh & R.K. Gupta, 2015. "A study on two-warehouse partially backlogged deteriorating inventory models under inflation via particle swarm optimisation," International Journal of Systems Science, Taylor & Francis Journals, vol. 46(6), pages 1036-1050, April.
    12. Ghiami, Yousef & Beullens, Patrick, 2016. "Planning for shortages? Net Present Value analysis for a deteriorating item with partial backlogging," International Journal of Production Economics, Elsevier, vol. 178(C), pages 1-11.
    13. Hou, Kuo-Lung, 2006. "An inventory model for deteriorating items with stock-dependent consumption rate and shortages under inflation and time discounting," European Journal of Operational Research, Elsevier, vol. 168(2), pages 463-474, January.
    14. You, Peng-Sheng, 2006. "Ordering and pricing of service products in an advance sales system with price-dependent demand," European Journal of Operational Research, Elsevier, vol. 170(1), pages 57-71, April.
    15. Amrina Kausar & Ahmad Hasan & Chandra K. Jaggi, 2023. "Sustainable inventory management for a closed-loop supply chain with learning effect and carbon emission under the multi-shipment policy," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 14(5), pages 1738-1755, October.
    16. Lee, Ungki & Kang, Namwoo & Lee, Ikjin, 2020. "Choice data generation using usage scenarios and discounted cash flow analysis," Journal of choice modelling, Elsevier, vol. 37(C).
    17. Herbon, Avi & Levner, Eugene & Cheng, T.C.E., 2014. "Perishable inventory management with dynamic pricing using time–temperature indicators linked to automatic detecting devices," International Journal of Production Economics, Elsevier, vol. 147(PC), pages 605-613.
    18. Pal, Shilpi & Mahapatra, G.S. & Samanta, G.P., 2014. "An EPQ model of ramp type demand with Weibull deterioration under inflation and finite horizon in crisp and fuzzy environment," International Journal of Production Economics, Elsevier, vol. 156(C), pages 159-166.
    19. Dey, Jayanta Kumar & Kar, Samarjit & Kumar Bhuina, Ashok & Maiti, Manoranjan, 2006. "Inventory of differential items selling from two shops under a single management with periodically increasing demand over a finite time-horizon," International Journal of Production Economics, Elsevier, vol. 100(2), pages 335-347, April.
    20. Alım, Muzaffer & Beullens, Patrick, 2020. "Joint inventory and distribution strategy for online sales with a flexible delivery option," International Journal of Production Economics, Elsevier, vol. 222(C).
    21. Roy, Arindam & kar, Samarjit & Maiti, Manoranjan, 2010. "A volume flexible production-policy for randomly deteriorating item with trended demand and shortages," International Journal of Production Economics, Elsevier, vol. 128(1), pages 188-199, November.
    22. Beullens, Patrick & Janssens, Gerrit K., 2011. "Holding costs under push or pull conditions - The impact of the Anchor Point," European Journal of Operational Research, Elsevier, vol. 215(1), pages 115-125, November.
    23. Liu, Zugang & Cruz, Jose M., 2012. "Supply chain networks with corporate financial risks and trade credits under economic uncertainty," International Journal of Production Economics, Elsevier, vol. 137(1), pages 55-67.
    24. Chen, Liang-Tu, 2014. "Optimal dynamic policies for integrated production and marketing planning in business-to-business marketplaces," International Journal of Production Economics, Elsevier, vol. 153(C), pages 46-53.

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