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An inventory model for deteriorating items with partial backlogging and permissible delay in payments
Abstract
The paper deals with an inventory model with a varying rate of deterioration and partial backlogging rate under the condition of permissible delay in payments. The existing literature on the subject generally deal with situations where the payment of an order is made on the receipt of items by the inventory system and shortages are either completely backlogged or fully lost. In this paper, a varying deterioration rate of time and the condition of permissible delay in payments used in conjunction with the economic order quantity model are the focus of discussion. In addition, the shortages are neither completely backlogged nor completely lost assuming the backlogging rate to be inversely proportional to the waiting time for the next replenishment. Numerical examples are presented to illustrate the model.
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Citations
Cited by
Review of inventory systems with deterioration since 2001
Bakker, M., Riezebos, J., & Teunter, R. H. (2012) · European Journal of Operational Research · doi:10.1016/j.ejor.2012.03.004 · Cited by 637
Wu, K.-S., Ouyang, L.-Y., & Yang, C.-T. (2006) · International Journal of Production Economics · doi:10.1016/j.ijpe.2005.01.010 · Cited by 386
State-of-the-art literature review on inventory models for perishable products
Chaudhary, V., Kulshrestha, R., & Routroy, S. (2018) · Journal of Advances in Management Research · doi:10.1108/jamr-09-2017-0091 · Cited by 107
Metadata
- Authors
- Chang, H.-J., & Dye, C.-Y.
- Venue
- International Journal of Systems Science
- Publisher
- Informa UK Limited
- Published
- 2001-01
- Volume
- 32
- Issue
- 3
- Pages
- 345-352
- ISSN
- 0020-7721 (ISSN-L)
- 1464-5319
- OpenAlex
- W2156699510
- Cited by
- 217
- References
- 0
- FWCI
- 13.24
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: An inventory model for deteriorating items with partial backlogging and permissible delay in payments. https://app.cochat.ai/papers/10.1080/002077201300029700
- The paper
- Chang, H.-J., & Dye, C.-Y. (2001). An inventory model for deteriorating items with partial backlogging and permissible delay in payments. International Journal of Systems Science. https://doi.org/10.1080/002077201300029700
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
