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A periodic-review inventory model with application to the continuous-review obsolescence problem

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  • Song, Yuyue
  • Lau, Hoong Chuin

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  • Song, Yuyue & Lau, Hoong Chuin, 2004. "A periodic-review inventory model with application to the continuous-review obsolescence problem," European Journal of Operational Research, Elsevier, vol. 159(1), pages 110-120, November.
  • Handle: RePEc:eee:ejores:v:159:y:2004:i:1:p:110-120
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    References listed on IDEAS

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    1. 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.
    2. Chan, Gin Hor & Song, Yuyue, 2003. "A dynamic analysis of the single-item periodic stochastic inventory system with order capacity," European Journal of Operational Research, Elsevier, vol. 146(3), pages 529-542, May.
    3. Jing-Sheng Song & Paul H. Zipkin, 1996. "Managing Inventory with the Prospect of Obsolescence," Operations Research, INFORMS, vol. 44(1), pages 215-222, February.
    4. George W. Brown & John Y. Lu & Robert J. Wolfson, 1964. "Dynamic Modeling of Inventories Subject to Obsolescence," Management Science, INFORMS, vol. 11(1), pages 51-63, September.
    5. Israel David & Avraham Mehrez, 1995. "An Inventory Model with Exogenous Failures," Operations Research, INFORMS, vol. 43(5), pages 902-903, October.
    6. G. Hadley & T. M. Whitin, 1962. "A Family of Dynamic Inventory Models," Management Science, INFORMS, vol. 8(4), pages 458-469, July.
    7. Cobbaert, Koen & Van Oudheusden, Dirk, 1996. "Inventory models for fast moving spare parts subject to "sudden death" obsolescence," International Journal of Production Economics, Elsevier, vol. 44(3), pages 239-248, July.
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    Cited by:

    1. van Jaarsveld, W.L., 2010. "Estimating obsolescence risk from demand data - a case study," Econometric Institute Research Papers EI 2010-03, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    2. Yonit Barron, 2016. "Performance analysis of a reflected fluid production/inventory model," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 83(1), pages 1-31, February.
    3. Yonit Barron & Opher Baron, 2020. "The residual time approach for (Q, r) model under perishability, general lead times, and lost sales," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 92(3), pages 601-648, December.
    4. Yonit Barron, 2016. "Performance analysis of a reflected fluid production/inventory model," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 83(1), pages 1-31, February.
    5. Markus Emsermann & Burton Simon, 2007. "Optimal Control of an Inventory with Simultaneous Obsolescence," Interfaces, INFORMS, vol. 37(5), pages 445-454, October.
    6. Opher Baron & Oded Berman & David Perry, 2010. "Continuous review inventory models for perishable items ordered in batches," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 72(2), pages 217-247, October.
    7. van Jaarsveld, Willem & Dekker, Rommert, 2011. "Estimating obsolescence risk from demand data to enhance inventory control--A case study," International Journal of Production Economics, Elsevier, vol. 133(1), pages 423-431, September.
    8. Barron, Yonit, 2016. "Clearing control policies for MAP inventory process with lost sales," European Journal of Operational Research, Elsevier, vol. 251(2), pages 495-508.
    9. Onno Boxma & David Perry & Shelley Zacks, 2015. "A Fluid EOQ Model of Perishable Items with Intermittent High and Low Demand Rates," Mathematics of Operations Research, INFORMS, vol. 40(2), pages 390-402, February.

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