An EOQ model for deteriorating items with time varying demand and partial backlogging

Chang H-J () and Dye C-Y
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Chang H-J: Tamkang University
Dye C-Y: Tamkang University

Journal of the Operational Research Society, 1999, vol. 50, issue 11, 1176-1182

Abstract: Abstract In the classical economic order quantity model, it is often assumed that the shortages are either completely backlogged or completely lost. However, in some inventory systems, it is more reasonable to assume that the backlogging rate is dependent on the length of the waiting time for the next replenishment. The longer the waiting time is, the smaller the backlogging rate would be. In this paper, we focus on the effect of the backlogging rate on the economic order quantity decision. Numerical examples are presented to illustrate the model.

Keywords: finite time horizon; deteriorating items; time-varying demand; partial backlogging; inventory control (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1057/palgrave.jors.2600801

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