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Inventory and investment in setup and quality operations under Return On Investment maximization

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  • Li, Jie
  • Jo Min, K.
  • Otake, Toshitsugu
  • Van Voorhis, Timothy

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  • Li, Jie & Jo Min, K. & Otake, Toshitsugu & Van Voorhis, Timothy, 2008. "Inventory and investment in setup and quality operations under Return On Investment maximization," European Journal of Operational Research, Elsevier, vol. 185(2), pages 593-605, March.
    • Handle: RePEc:eee:ejores:v:185:y:2008:i:2:p:593-605
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    References listed on IDEAS

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    1. John P. Leschke & Elliott N. Weiss, 1997. "The Multi-Item Setup-Reduction Investment-Allocation Problem with Continuous Investment-Cost Functions," Management Science, INFORMS, vol. 43(6), pages 890-894, June.
    2. Evan L. Porteus, 1985. "Investing in Reduced Setups in the EOQ Model," Management Science, INFORMS, vol. 31(8), pages 998-1010, August.
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    Cited by:

    1. Hsu, P.H. & Wee, H.M. & Teng, H.M., 2010. "Preservation technology investment for deteriorating inventory," International Journal of Production Economics, Elsevier, vol. 124(2), pages 388-394, April.
    2. Valentín Pando & Luis A. San-José & Joaquín Sicilia & David Alcaide-López-de-Pablo, 2021. "Profitability Index Maximization in an Inventory Model with a Price- and Stock-Dependent Demand Rate in a Power-Form," Mathematics, MDPI, vol. 9(10), pages 1-29, May.
    3. Trivedi, Anupam & Chong Aih, Hau & Srinivasan, Dipti, 2020. "A stochastic cost–benefit analysis framework for allocating energy storage system in distribution network for load leveling," Applied Energy, Elsevier, vol. 280(C).
    4. Marchioni, Andrea & Magni, Carlo Alberto, 2018. "Investment decisions and sensitivity analysis: NPV-consistency of rates of return," European Journal of Operational Research, Elsevier, vol. 268(1), pages 361-372.
    5. Diaby, Moustapha & Cruz, Jose M. & Nsakanda, Aaron L., 2013. "Shortening cycle times in multi-product, capacitated production environments through quality level improvements and setup reduction," European Journal of Operational Research, Elsevier, vol. 228(3), pages 526-535.
    6. Mehran Ullah & Biswajit Sarkar & Iqra Asghar, 2019. "Effects of Preservation Technology Investment on Waste Generation in a Two-Echelon Supply Chain Model," Mathematics, MDPI, vol. 7(2), pages 1-20, February.
    7. Valentín Pando & Luis A. San-José & Joaquín Sicilia, 2021. "An Inventory Model with Stock-Dependent Demand Rate and Maximization of the Return on Investment," Mathematics, MDPI, vol. 9(8), pages 1-18, April.

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