IDEAS home Printed from https://ideas.repec.org/a/eee/proeco/v44y1996i3p255-265.html
   My bibliography  Save this article

Discounted costs, obsolescence and planned stockouts with the EOQ formula

Author

Listed:
  • van Delft, Ch.
  • Vial, J. P.

Abstract

No abstract is available for this item.

Suggested Citation

  • 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.
  • Handle: RePEc:eee:proeco:v:44:y:1996:i:3:p:255-265
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/0925-5273(96)80001-U
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. 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.
    2. G. Hadley, 1964. "A Comparison of Order Quantities Computed Using the Average Annual Cost and the Discounted Cost," Management Science, INFORMS, vol. 10(3), pages 472-476, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jaber, Mohamad Y. & Bonney, Maurice, 2001. "Economic lot sizing with learning and continuous time discounting: Is it significant?," International Journal of Production Economics, Elsevier, vol. 71(1-3), pages 135-143, May.
    2. Clavareau, Julien & Labeau, Pierre-Etienne, 2009. "Maintenance and replacement policies under technological obsolescence," Reliability Engineering and System Safety, Elsevier, vol. 94(2), pages 370-381.
    3. 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.
    4. 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.
    5. Debabrata Das & Sameer Kumar & Nirmal Baran Hui & Vipul Jain & Charu Chandra, 2023. "Pricing and revenue-based outsourcing strategies in a multi-echelon lot-sizing model under insufficient production capacity," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 22(6), pages 514-530, December.
    6. Bayle-Tourtoulou, Anne-Sophie & Laurent, Gilles & Macé, Sandrine, 2006. "Assesing the frequency and clauses of out-of-stock events through store scanner data," HEC Research Papers Series 830, HEC Paris.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Corbacioglu, Umut & van der Laan, Erwin A., 2007. "Setting the holding cost rates in a two-product system with remanufacturing," International Journal of Production Economics, Elsevier, vol. 109(1-2), pages 185-194, September.
    2. Luciano, Elisa & Peccati, Lorenzo, 1999. "Some basic problems in inventory theory: The financial perspective," European Journal of Operational Research, Elsevier, vol. 114(2), pages 294-303, April.
    3. B C Giri & T Dohi, 2005. "Exact formulation of stochastic EMQ model for an unreliable production system," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(5), pages 563-575, May.
    4. Ramasesh, Ranga V., 2010. "Lot-sizing decisions under limited-time price incentives: A review," Omega, Elsevier, vol. 38(3-4), pages 118-135, June.
    5. van der Laan, Erwin, 2003. "An NPV and AC analysis of a stochastic inventory system with joint manufacturing and remanufacturing," International Journal of Production Economics, Elsevier, vol. 81(1), pages 317-331, January.
    6. Cattani, Kyle D. & Souza, Gilvan C., 2003. "Good buy? Delaying end-of-life purchases," European Journal of Operational Research, Elsevier, vol. 146(1), pages 216-228, April.
    7. Singh, Sachin & McAllister, Charles D. & Rinks, Dan & Jiang, Xiaoyue, 2010. "Implication of risk adjusted discount rates on cycle stock and safety stock in a multi-period inventory model," International Journal of Production Economics, Elsevier, vol. 123(1), pages 187-195, January.
    8. Markus Emsermann & Burton Simon, 2007. "Optimal Control of an Inventory with Simultaneous Obsolescence," Interfaces, INFORMS, vol. 37(5), pages 445-454, October.
    9. 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.
    10. Bradley R. Staats & Diwas S. KC & Francesca Gino, 2018. "Maintaining Beliefs in the Face of Negative News: The Moderating Role of Experience," Management Science, INFORMS, vol. 64(2), pages 804-824, February.
    11. Johansen, Soren Glud & Thorstenson, Anders, 1996. "Optimal (r, Q) inventory policies with Poisson demands and lost sales: discounted and undiscounted cases," International Journal of Production Economics, Elsevier, vol. 46(1), pages 359-371, December.
    12. Pinçe, Çerag & Dekker, Rommert, 2011. "An inventory model for slow moving items subject to obsolescence," European Journal of Operational Research, Elsevier, vol. 213(1), pages 83-95, August.
    13. Klein Haneveld, Willem K. & Teunter, Ruud H., 1998. "Effects of discounting and demand rate variability on the EOQ," International Journal of Production Economics, Elsevier, vol. 54(2), pages 173-192, January.
    14. Kajjoune, Oussama & Aouam, Tarik & Zouadi, Tarik & Dairi, Meriem, 2021. "Dynamic lot-sizing with short-term financing and external deposits for a capital-constrained manufacturer," International Journal of Production Economics, Elsevier, vol. 242(C).
    15. Beullens, Patrick, 2014. "Revisiting foundations in lot sizing—Connections between Harris, Crowther, Monahan, and Clark," International Journal of Production Economics, Elsevier, vol. 155(C), pages 68-81.
    16. Israel David & Eitan Greenshtein & Avraham Mehrez, 1997. "A dynamic‐programming approach to continuous‐review obsolescent inventory problems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 44(8), pages 757-774, December.
    17. Farvid, Mojtaba & Rosling, Kaj, 2014. "The discounted (R,Q) inventory model—The Shrewd Accountant's Heuristic," International Journal of Production Economics, Elsevier, vol. 149(C), pages 17-27.
    18. Silver, Edward A. & A. Willoughby, Keith, 1999. "Disposal of excess stock at the end of a project when facing on-going operational usage," International Journal of Production Economics, Elsevier, vol. 59(1-3), pages 189-194, March.
    19. Higgins, Matthew J. & Yan, Xin & Chatterjee, Chirantan, 2021. "Unpacking the effects of adverse regulatory events: Evidence from pharmaceutical relabeling," Research Policy, Elsevier, vol. 50(1).
    20. Luciano, Elisa & Peccati, Lorenzo, 1999. "Capital structure and inventory management:: The temporary sale price problem," International Journal of Production Economics, Elsevier, vol. 59(1-3), pages 169-178, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:44:y:1996:i:3:p:255-265. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ijpe .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.