This note presents a modified method to compute economic order quantities without derivatives by cost-difference comparisons. Extensions to allow backorders are done for the EOQ/EPQ models. In contrast to previous literatures, limiting values on a finite planning horizon are used rather than...

In this note, we extend Pentico et al. (2011)'s [1] EPQ model where the authors considered two different backordering rates during shortage period; they assumed the backordering rate increases only from the start of production phase. We propose two models that allow the backordering rate to...

In the process of producing hydroelectricity, plants all over the world are faced with the problem of reservoir sediment. If this sediment is removed but not properly disposed of, it can become a secondary pollutant. This study proposes a way to resolve this problem through reuse and recycling.

Due to the depletion of traditional energy resources, such as crude oil, coal, and natural gas, many initiatives all over the world have addressed the efficient use or replacement of these resources. Several renewable energy sources have been introduced as alternatives to traditional sources to...

This study develops an integrated deteriorating inventory policy for a single-buyer–single-supplier model with multiple JIT deliveries considering the transportation cost, inspection cost and the cost of less flexibility. Distinct from the former concept of average inventory level, our paper...

In this study, a fuzzy multi-objective joint replenishment inventory model of deteriorating items is developed. The model maximizes the profit and return on inventory investment (ROII) under fuzzy demand and shortage cost constraint. We propose a novel inverse weight fuzzy non-linear programming...