A note on the deterministic EPQ with partial backordering

Ren-qian Zhang

Omega, 2009, vol. 37, issue 5, 1036-1038

Abstract: In a recent paper published in Omega [Pentico DW, Drake MJ, Toews C. The deterministic EPQ with partial backordering: a new approach. Omega 2009; 37(3):624-36], the authors proposed an EPQ model with partial backordering. In the EPQ model, a critical value of backordering rate was developed, below which the optimal production policy is either to lose all sales or meet all demand, above which the optimal policy is to allow stockouts with partial backordering and meet fractional demand. However, there exists a flaw in the critical value of backordering rate, which will be amended in this note.

Keywords: Lost; sales; EPQ; Partial; backordering (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (10)

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