A note on ‘The EPQ with partial backordering and phase‐dependent backordering rate’

A note on ‘The EPQ with partial backordering and phase‐dependent backordering rate’

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Article ID: iaor20115862
Volume: 40
Issue: 1
Start Page Number: 131
End Page Number: 133
Publication Date: Jan 2012
Journal: Omega
Authors: ,
Keywords: demand, combinatorial optimization
Abstract:

Pentico et al. (2011) recently proposed an EPQ model with partial backordering. They tried to determine the minimum average total cost per year from the three cases: to lose all sales, to meet all demand, and to allow stockouts with partial backordering. In this paper, we solve the same model without differential calculus and present a different decision procedure. Without the comparison of those costs, a numerical example is illustrated to determine the optimal production policy by our criteria.

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