An easy method to derive EOQ and EPQ inventory models with backorders

DOI10.1016/J.CAMWA.2009.09.013zbMATH Open1189.90009OpenAlexW2093514638MaRDI QIDQ980293FDOQ980293

Leopoldo Eduardo Cárdenas-Barrón

Publication date: 28 June 2010

Published in: Computers & Mathematics with Applications (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/11285/630326

Recommendations

• The complete solution procedure for the EOQ and EPQ inventory models with linear and fixed backorder costs
• The derivation of EOQ/EPQ inventory models with two backorders costs using analytic geometry and algebra
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• Note on ``The derivation of EOQ/EPQ inventory models with two backorders costs using analytic geometry and algebra
• EOQ model with batch demand and planned backorders
• EOQ model with backorders under linear combination of possibility and necessity measure

zbMATH Keywords

economic production quantityeconomic order quantityalgebraic optimizationarithmetic-geometric mean (AGM) inequalitybackorders levelCauchy-Bunyakovsky-Schwarz (CBS) inequalitycost comparisons optimization

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Production models (90B30)

Cites Work

• A simple method to compute economic order quantities
• Title not available (Why is that?)
• A note on optimal replenishment policy for imperfect quality EMQ model with rework and backlogging
• Optimizing the economic lot size of a three-stage supply chain with backordering derived without derivatives
• Title not available (Why is that?)
• A proof of the EOQ formula using quasi-variational inequalities
• The economic lot size of the integrated vendor‐buyer inventory system derived without derivatives
• A modified method to compute economic order quantities without derivatives by cost-difference comparisons
• Maxima and minima without calculus

Cited In (19)

• Using the EPQ for coordinated planning of a product with partial backordering and its components
• Solving the vendor-buyer integrated inventory system with arithmetic-geometric inequality
• Mitigating partial-disruption risk: a joint facility location and inventory model considering customers' preferences and the role of substitute products and backorder offers
• Using easy methods to derive an integrated vendor-buyer inventory system under shortage allowed
• Using simple methods to derive EOQ and EPQ models with shortage and imperfect quality
• The derivation of EOQ/EPQ inventory models with two backorders costs using analytic geometry and algebra
• The economic lot size of the integrated vendor-buyer inventory system derived without derivatives: a simple derivation
• Revisiting lot sizing for an inventory system with product recovery
• An EOQ model with backorders and all-units discounts
• The complete solution procedure for the EOQ and EPQ inventory models with linear and fixed backorder costs
• An alternative approach to solving cost minimization problem with Cobb-Douglas technology
• Minimizing holding and ordering costs subject to a bound on backorders is as easy as solving a single backorder cost model
• EOQ with limited backorder delays
• Mathematical properties of EOQ models with special cost structure
• Economic order quantity model for deteriorating items with planned backorder level
• Optimal economic order quantity for buyer–distributor–vendor supply chain with backlogging derived without derivatives
• Optimization of inventory system with defects, rework failure and two types of errors under crisp and fuzzy approach
• A note on how to compute economic order quantities with derivatives by cost comparisons
• Solving the consumer's utility-maximization problem with CES and Cobb-Douglas utility function via mathematical inequalities

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