An EOQ Model for Items with Weibull Distribution Deterioration

By Pei-xin Zhao. IEEE Conference on Industrial Electronics and Applications, 2007

424 citations recorded by the source corpus.

Subfields: Management Information Systems, Management of Technology and Innovation, Statistics and Probability

View Paper: https://www.semanticscholar.org/paper/8ddcde588dee0169333165cfd6d970c520cdd93d

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Citations in the corpus

An EOQ model for deteriorating items under trade credit financing in the fuzzy sense (2007, methodology): “Goyal (1985) first studied an EOQ model under the conditions of permissible delay in payments.”
Two-echelon supply chain model with manufacturing quality improvement and setup cost reduction (2016, methodology): “[7] R. P. Covert and G. C. Philip, An EOQ model for items with Weibull distribution deterioration, A I I E Transactions, 5 (1973), 323–326.”
A two-echelon inventory model with stock-dependent demand and variable holding cost for deteriorating items (2017, methodology): “[6] R. P. Covert and G. S. Philip, An EOQ model for items with Weibull distribution deteriora- tion, AIIE Transactions, 5 (1973), 323–326.”
Inventory Modeling for Deteriorating Imperfect Quality Items with Selling Price Dependent Demand and Shortage Backordering under Credit Financing (2017, methodology): “Goyal (1985), Davis and Gaither (1985) proposed optimal ordering policies for extended payment privileges for firms that are offered a one-time perk to delay their payment.”
Optimal pricing and ordering policy for non-instantaneous deteriorating items under inflation and customer returns (2014, methodology): “Later, Covert and Philip [8] derived the model with variable deteriorating rate of two-parameter Weibull distribution.”
A non-instantaneous inventory model having different deterioration rates with stock and price dependent demand under partially backlogged shortages (2018, methodology): “Covert and Philip (1973) converted Ghare and Schrader’s model of constant deterioration rate to a model having two parameter Weibull distribution.”
A deterministic inventory model for deteriorating items with selling price dependent demand and three-parameter Weibull distributed deterioration (2014, neutral): “Covert and Philip (1973), Giri et al.”
Production, Manufacturing and Logistics An EOQ model with ramp type demand rate, time dependent deterioration rate, unit production cost and shortages (2006, background): “In this connection, researchers may consult the performance work by Chakrabarti et al. (1998), Covert and Philip (1973) and Mishra (1975).”
Supply Chain Strategies for Perishable Products: The Case of Fresh Produce (2009, methodology): “Covert and Philip (1973) and Philip (1974) extend this model, but use the Weibull distribution to model item deterioration.”
TWO-WAREHOUSE INVENTORY MODEL WITH PARTIAL BACKORDERING AND WEIBULL DISTRIBUTION DETERIORATION UNDER INFLATION (2005, background): “Covert and Philip [6] assumed a two-parameter Weibull distribution deterioration to consider varying deterioration rates.”
Single item lot sizing problems (2006, methodology): “Ghare and Shrader [39], Papachristos and Skouri [80], Covert and Philip [19] and Hariga [47]), this subject was studied for discrete models by Friedman and Hoch [37] and Rajagopalan [86].”