A number of quantitative models for analyzing postponement based upon cost and time evaluation have been discussed in the literature. Most of them assumed that the product demand is uncertain. However, if the demand is deterministic, e.g., because there is a long-term supply contract between the manufacturer and the retailers, the benefits due to economies of scope and risk pooling do not exit. Thus, evaluation of postponement structures under scenarios with deterministic demand is also an important issue.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Wan, J. C. L. 2004, Postponement Strategy in Supply Chain Management (M.Phil. Thesis), Department of Logistics, The Hong Kong Polytechnic University, Hong Kong.
Zipkin, P. H. 2000, Foundations of Inventory Management, International Edition, McGraw-Hill, Boston.
Li, J., Cheng, T. C. E. and Wang, S. Y. 2007, Analysis of postponement strategy for perishable items by EOQ-based models, International Journal of Production Economics, 107, 1, 31–38.
Whitin, T. M. 1957, Theory of Inventory Management, Princeton University Press, New Jersey.
Nahmias, S. 1982, Perishable inventory theory: a review, Operations Research, 30, 680–708.
Raafat, F. 1991, Survey of literature on continuously deterionrating inventory models, Jounal of the Operational Research Society, 42, 27–37.
Goyal, S. K. and Giri, B. C. 2001, Recent trends in modeling of deteriorating inventory, European Journal of Operational Research, 134, 1–16.
Song, X. P., Cai, X. Q. and Chen, J. 2005, Studies on interaction and coordination in supply chains with perishable products: a review, in Chan, C. K. and Lee, H. W. J. (editors), Successful Strategies in Supply Chain Management, Idea Group Publishing, Hershey, PA pp. 222–248.
Ghare, P. M. and Schrader, G. F. 1963, A model for exponentially decaying inventory, Journal of Industrial Engineering, 14, 238–243.
Covert, R. B. and Philip, G. S. 1973, An EOQ model with Weibull distribution deterioration, AIIE Transactions, 5, 323–326.
Tadikamalla, P. R. 1978, An EOQ model for items with Gamma distributed deterioration, AIIE Transactions, 10, 100–103.
Shah, Y. K. 1977, An ordered level lot size for deteriorating items, AIIE Transactions, 9, 108–112.
Raafat, F. 1983, A lot size inventory model for deteriorating items, in American Institute for decision sciences twelfth annual meeting-western regional conference-proceedings and Abstracts, pp. 141–143.
Raafat, F. 1988, An inventory model with a monotonically increasing deterioration rate function, in American Institute for decision sciences seventeenth annual meeting -western regional conference-proceedings and Abstracts, pp. 8–10.
Goyal, S. K. and Gunasekaran, A. 1995, An integrated production-inventory-marketing model for deteriorating items. Computers and Industrial Engineering, 28, 4, 755–762.
Yan, H. and Cheng, T. C. E. 1998, Optimal production stopping and restarting times for an EOQ model with deteriorating items, Journal of Operational Research Society, 49, 1288–1295.
Arcelus, F. J., Shah, N. H. and Srinivasan, G. 2003, Retailer’s pricing, credit and inventory policies for deteriorating items in response to temporary price/credit incentives, International Journal of Production Economics, 81, 1, 153–162.
Kanchanasuntorn, K. and Techanitisawad, A. 2006, An approximate periodic model for fixed-life perishable products in a two-echelon inventory-distribution system, International Journal of Production Economics, 100, 1, 101–115.
Dye, C. Y. and Ouyang, L. Y. 2005, An EOQ model for perishable items under stock-dependent selling rate and time-dependent partial backlogging, European Journal of Operational Research, 163, 3, 776–783.
Padmanabhan, G. and Vrat, P. 1995, EOQ models for perishable items under stock dependent selling rate, European Journal of Operational Research, 86, 281–292.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2010 Springer Science+Business Media, LLC
About this chapter
Cite this chapter
Cheng, T.E., Li, J., Wan, C.J., Wang, S. (2010). Analysis of Pull Postponement by EOQ-based Models. In: Postponement Strategies in Supply Chain Management. International Series in Operations Research & Management Science, vol 143. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-5837-2_2
Download citation
DOI: https://doi.org/10.1007/978-1-4419-5837-2_2
Published:
Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4419-5836-5
Online ISBN: 978-1-4419-5837-2
eBook Packages: Business and EconomicsBusiness and Management (R0)