A thermodynamic approach to modelling the economic order quantity

DOI10.1016/J.APM.2005.07.001zbMath1152.90519OpenAlexW1975283370MaRDI QIDQ924740

Marc A. Rosen, Mohamad Y. Jaber, Rida Y. Nuwayhid

Publication date: 19 May 2008

Published in: Applied Mathematical Modelling (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.apm.2005.07.001

zbMATH Keywords

thermodynamicssupply chain coordinationeconomic order quantityprice dependent demandentropy costconstant commodity flow

Mathematics Subject Classification ID

Operations research and management science (90B99)

Related Items (5)

Entropic order quantity (EnOQ) model for deteriorating items ⋮ An integrated revenue sharing and quantity discounts contract for coordinating a supply chain dealing with short life-cycle products ⋮ The economic order quantity repair and waste disposal model with entropy cost ⋮ Deriving an exergetic economic production quantity model for better sustainability ⋮ Optimal pricing and ordering policies for non-instantaneously deteriorating items under order-size-dependent delay in payments

Cites Work

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• The single-vendor single-buyer integrated production-inventory model with a generalised policy
• Optimal strategy for the integrated vendor-buyer inventory model
• On improving the single-vendor single-buyer integrated production inventory model with a generalized policy
• Managing buyer-seller system cooperation with quantity discount considerations
• A Thermodynamic Model of Manpower Systems
• Price-driven economic order systems from a thermodynamic point of view

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