How to cite this paper
Jaggi, C., Khanna, A & Nidhi, N. (2016). Effects of inflation and time value of money on an inventory system with deteriorating items and partially backlogged shortages.International Journal of Industrial Engineering Computations , 7(2), 267-282.
Refrences
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Bakker, M., Riezebos, J., & Teunter, R. H. (2012). Review of inventory systems with deterioration since 2001. European Journal of Operational Research, 221(2), 275–284.
Bansal, K. K. (2013). Inventory model for deteriorating items with the effect of inflation. International Journal of Application and Innovation in Engineering and Management, 2(5), 143-150.
Bhaula, B., & Kumar, M. R. (2014). An economic order quantity model for weibull deteriorating items with stock dependent consumption rate and shortages under inflation. International Journal of Computing and Technology, 1(5), 196-204.
Bierman, H., & Thomas, J. (1977). Inventory decisions under inflationary conditions. Decision Sciences, 8(1), 151-155.
Buzacott, J. A. (1975). Economic order quantities with inflation. Operational Research Quarterly, 26(3), 553-558.
Chang, H. J., & Dye, C. Y. (1999). An EOQ model for deteriorating items with time varying demand and partial backlogging. Journal of Operational Research Society, 50(11), 1176–1182.
Chern, M. S., Yang, H. L., Teng, J. T., & Papachristos, S. (2008). Partial backlogging inventory lot-size models for deteriorating items with fluctuating demand under inflation. European Journal of Operational Research, 191(1), 127–141.
Datta, T. K., & Pal, A. K. (1991). Effects of inflation and time-value of money on an inventory model with linear time-dependent demand rate and shortages. European Journal of Operational Research, 52(2), 326-333.
Dye, C. Y., Ouyang, L. Y., & Hsieh, T. P. (2007). Deterministic inventory model for deteriorating items with capacity constraint and time-proportional backlogging rate. European Journal of Operational Research, 178(3), 789–807.
Goyal S.K., Giri, B.C. (2001). Recent trends in modelling of deteriorating inventory. European Journal of Operational Research, 134(1), 1–16.
Jaggi, C. K., & Goel, S. K. (2005). Economic ordering policies of deteriorating items under inflationary conditions. International Journal of Mathematical Sciences, 4(2), 287–298.
Jaggi, C. K., & Khanna, A. (2008). Impact of inflation and credit policies on a production lot size model. Canadian Journal of Pure and Applied Sciences, 2(1), 243–249.
Jaggi, C. K., Aggarwal, K. K., & Goel, S. K. (2006). Optimal order policy for deteriorating items with inflation induced demand. International Journal of Production Economics, 34(2), 151–155.
Misra, R. B. (1975). A study of inflationary effects on inventory systems. Logistic Spectrum, 9(3), 260–268.
Misra, R. B. (1979). A note on optimal inventory management under inflation. Naval Research Logistics Quarterly, 26(1), 161-165.
Moon, I., Giri, B. C., & Ko, B. (2005). Economic order quantity models for ameliorating/deteriorating items under inflation and time discounting. European Journal of Operational Research, 162(3), 773–785.
Raafat, F. (1991). Survey of literature on continuously deteriorating inventory model. Journal of Operational Research Society, 42(1), 27-37.
Shah, N. H., & Shukla, K. T. (2009). Deteriorating inventory model for waiting time partial backlogging. Applied Mathematical Sciences, 3(9), 421-428.
Teng, J. T., & Yang, H. L. (2004). Deterministic economic order quantity models with partial backlogging when demand and cost are fluctuating with time. Journal of Operational Research Society, 55(5), 495–503.
Teng, J. T., & Yang, H. L. (2007). Deterministic inventory lot-size models with time-varying demand and cost under generalized holding costs. Information and Management Sciences, 18(2), 113–125.
Teng, J. T., Chang, H. J., Dye, C. Y. and Hung, C. H. (2002) ‘An optimal replenishment policy for deteriorating items with time-varying demand and partial backlogging’ Operations Research Letters, 30(6), 387–393.
Teng, J. T., Yang, H. L., & Ouyang, L. Y. (2003). On an EOQ model for deteriorating items with time-varying demand and partial backlogging. Journal of Operational Research Society, 54(4), 432–436.
Thangam, A., & Uthayakumar, R. (2010). An inventory model for deteriorating items with inflation induced demand and exponential partial backorders- a discounted cash flow approach. International Journal of Management Science and Engineering Management, 5(3), 170-174.
Wee, H. M., & Law, S. T. (1999). Economic production lot size for deteriorating items taking account of time value of money. Computers and Operations Research, 26(6), 545–558.
Wee, H. M., & Law, S. T. (2001). Replenishment and pricing policy for deteriorating items taking into account the time-value of money. International Journal of Production Economics, 71(1-3), 213-220.
Yang, H. L., Teng, J. T., & Chern, M. S. (2001). Deterministic inventory lot-size models under inflation with shortages and deterioration for fluctuating demand. Naval Research Logistics, 48(2), 144-158.
Yang, H. L., Teng, J. T., & Chern, M. S. (2010). An inventory model under inflation for deteriorating items with stock-dependent consumption rate and partial backlogging shortages. International Journal of Production Economics, 123, 8-19.
Bakker, M., Riezebos, J., & Teunter, R. H. (2012). Review of inventory systems with deterioration since 2001. European Journal of Operational Research, 221(2), 275–284.
Bansal, K. K. (2013). Inventory model for deteriorating items with the effect of inflation. International Journal of Application and Innovation in Engineering and Management, 2(5), 143-150.
Bhaula, B., & Kumar, M. R. (2014). An economic order quantity model for weibull deteriorating items with stock dependent consumption rate and shortages under inflation. International Journal of Computing and Technology, 1(5), 196-204.
Bierman, H., & Thomas, J. (1977). Inventory decisions under inflationary conditions. Decision Sciences, 8(1), 151-155.
Buzacott, J. A. (1975). Economic order quantities with inflation. Operational Research Quarterly, 26(3), 553-558.
Chang, H. J., & Dye, C. Y. (1999). An EOQ model for deteriorating items with time varying demand and partial backlogging. Journal of Operational Research Society, 50(11), 1176–1182.
Chern, M. S., Yang, H. L., Teng, J. T., & Papachristos, S. (2008). Partial backlogging inventory lot-size models for deteriorating items with fluctuating demand under inflation. European Journal of Operational Research, 191(1), 127–141.
Datta, T. K., & Pal, A. K. (1991). Effects of inflation and time-value of money on an inventory model with linear time-dependent demand rate and shortages. European Journal of Operational Research, 52(2), 326-333.
Dye, C. Y., Ouyang, L. Y., & Hsieh, T. P. (2007). Deterministic inventory model for deteriorating items with capacity constraint and time-proportional backlogging rate. European Journal of Operational Research, 178(3), 789–807.
Goyal S.K., Giri, B.C. (2001). Recent trends in modelling of deteriorating inventory. European Journal of Operational Research, 134(1), 1–16.
Jaggi, C. K., & Goel, S. K. (2005). Economic ordering policies of deteriorating items under inflationary conditions. International Journal of Mathematical Sciences, 4(2), 287–298.
Jaggi, C. K., & Khanna, A. (2008). Impact of inflation and credit policies on a production lot size model. Canadian Journal of Pure and Applied Sciences, 2(1), 243–249.
Jaggi, C. K., Aggarwal, K. K., & Goel, S. K. (2006). Optimal order policy for deteriorating items with inflation induced demand. International Journal of Production Economics, 34(2), 151–155.
Misra, R. B. (1975). A study of inflationary effects on inventory systems. Logistic Spectrum, 9(3), 260–268.
Misra, R. B. (1979). A note on optimal inventory management under inflation. Naval Research Logistics Quarterly, 26(1), 161-165.
Moon, I., Giri, B. C., & Ko, B. (2005). Economic order quantity models for ameliorating/deteriorating items under inflation and time discounting. European Journal of Operational Research, 162(3), 773–785.
Raafat, F. (1991). Survey of literature on continuously deteriorating inventory model. Journal of Operational Research Society, 42(1), 27-37.
Shah, N. H., & Shukla, K. T. (2009). Deteriorating inventory model for waiting time partial backlogging. Applied Mathematical Sciences, 3(9), 421-428.
Teng, J. T., & Yang, H. L. (2004). Deterministic economic order quantity models with partial backlogging when demand and cost are fluctuating with time. Journal of Operational Research Society, 55(5), 495–503.
Teng, J. T., & Yang, H. L. (2007). Deterministic inventory lot-size models with time-varying demand and cost under generalized holding costs. Information and Management Sciences, 18(2), 113–125.
Teng, J. T., Chang, H. J., Dye, C. Y. and Hung, C. H. (2002) ‘An optimal replenishment policy for deteriorating items with time-varying demand and partial backlogging’ Operations Research Letters, 30(6), 387–393.
Teng, J. T., Yang, H. L., & Ouyang, L. Y. (2003). On an EOQ model for deteriorating items with time-varying demand and partial backlogging. Journal of Operational Research Society, 54(4), 432–436.
Thangam, A., & Uthayakumar, R. (2010). An inventory model for deteriorating items with inflation induced demand and exponential partial backorders- a discounted cash flow approach. International Journal of Management Science and Engineering Management, 5(3), 170-174.
Wee, H. M., & Law, S. T. (1999). Economic production lot size for deteriorating items taking account of time value of money. Computers and Operations Research, 26(6), 545–558.
Wee, H. M., & Law, S. T. (2001). Replenishment and pricing policy for deteriorating items taking into account the time-value of money. International Journal of Production Economics, 71(1-3), 213-220.
Yang, H. L., Teng, J. T., & Chern, M. S. (2001). Deterministic inventory lot-size models under inflation with shortages and deterioration for fluctuating demand. Naval Research Logistics, 48(2), 144-158.
Yang, H. L., Teng, J. T., & Chern, M. S. (2010). An inventory model under inflation for deteriorating items with stock-dependent consumption rate and partial backlogging shortages. International Journal of Production Economics, 123, 8-19.