The complete solution procedure for the EOQ and EPQ inventory models with linear and fixed backorder costs

DOI10.1016/J.MCM.2011.12.051MaRDI QIDQ1933909zbMATH OpenOpenAlexFDO

Authors Kun-Jen Chung, Leopoldo Eduardo Cárdenas-Barrón

Publication date 27 January 2013

Published in Mathematical and Computer Modelling (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.mcm.2011.12.051

zbMATH Keywords

convexityEOQEPQbackorder costs

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 3562783 (Why is no real title available?)
• scientific article; zbMATH DE number 3216838 (Why is no real title available?)
• Coherent risk measures in inventory problems
• Error bounds for EOQ
• Remarks on the optimization process of a manufacturing system with stochastic breakdown and rework
• Sensitivity analysis with finite changes: an application to modified EOQ models
• The derivation of EOQ/EPQ inventory models with two backorders costs using analytic geometry and algebra

Cited in

(17)

• Using the EPQ for coordinated planning of a product with partial backordering and its components
• Optimization on production-inventory problem with multistage and varying demand
• An economic production quantity model with non-synchronized screening and rework
• An inventory model involving back-order price discount when the amount received is uncertain
• The derivation of EOQ/EPQ inventory models with two backorders costs using analytic geometry and algebra
• Solution procedure for inventory models with linear and fixed backorder costs
• An EPQ model with partial backorders considering two backordering costs
• A production-inventory model with probabilistic deterioration in two-echelon supply chain management
• Economic lot size formula under VMI program with Poisson demand
• Mathematical programming approach to the optimality of the solution for deterministic inventory models with partial backordering
• An economic production quantity model with a positive resetup point under random demand
• Note on ``The derivation of EOQ/EPQ inventory models with two backorders costs using analytic geometry and algebra
• Flexible setup cost and deterioration of products in a supply chain model
• The integrality of the lot size in the basic EOQ and EPQ models: applications to other production-inventory models
• Mathematical analytic techniques and the complete squares method for solving an inventory modelling problem with a mixture of backorders and lost sales
• An easy method to derive EOQ and EPQ inventory models with backorders
• Optimal inventory policy under power demand pattern and partial backlogging

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