An examination of inventory and production costs in the models with stock out risk under JIT system Online publication date: Mon, 03-Jul-2017
by Ruchira Chakrabarty; Tapan Roy; Kripasindhu S. Chaudhuri
International Journal of Business Forecasting and Marketing Intelligence (IJBFMI), Vol. 3, No. 3, 2017
Abstract: This paper develops a new EMQ-JIT and EOQ-JIT cost indifference point equations considering stock out risk and other several factors transportation and space cost savings. Again, the price discount system has been taken into account under EOQ purchasing. So, the main purpose of this paper is to establish a cost comparison of the classic EMQ and EOQ model and revised EMQ/JIT and EOQ/JIT model.
Online publication date: Mon, 03-Jul-2017
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Forecasting and Marketing Intelligence (IJBFMI):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org