Cognitive reflection and economic order quantity inventory management: An experimental investigation
Sign Up to like & getrecommendations! Published in 2019 at "Managerial and Decision Economics"
DOI: 10.1002/mde.3154
Abstract: We use laboratory experiments to evaluate the effects of individuals' cognitive abilities on their behavior in a finite horizon economic order quantity model. Participants' abilities to balance intuitive judgment with cognitive deliberations are measured by… read more here.
Keywords: order quantity; cognitive reflection; economic order;
Multi-item order quantity optimization through stochastic goal programing
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DOI: 10.1007/s10479-024-05903-y
Abstract: Managing multi-item economic order quantity (MIEOQ) problems within an uncertain business environment is a critical challenge. Decision-makers, with a comprehensive understanding of organizational goals and risk tolerances, play a pivotal role in this context. However,… read more here.
Keywords: satisfaction; stochastic goal; order quantity; multi item ... See more keywords
Buyback and stockout penalty newsvendor model based on reference point prospect theory
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DOI: 10.1007/s10586-018-2451-1
Abstract: Expected utility theory is as main analysis of newsvendor problem, which has generally accepted as a normative model of rational choice. However, various independent experimental studies have shown the actual order quantity of decision maker… read more here.
Keywords: order quantity; reference point; theory; prospect theory ... See more keywords
Integrating IVFRN-BWM and Goal Programming to Allocate the Order Quantity Considering Discount for Green Supplier
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DOI: 10.1007/s40815-021-01181-z
Abstract: One of the serious supply chain management (SCM) challenges is the effective selection of suppliers and the right allocation of orders to achieve an SCM's suitable financial and technical status. This paper introduced a multi-objective… read more here.
Keywords: order quantity; proposed model; goal programming; bwm ... See more keywords
Disassembly EOQ models with price-sensitive demands
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DOI: 10.1016/j.apm.2020.06.011
Abstract: Abstract The disassembly economic order quantity problem is to determine the quantities of a product to be disassembled at different times over an infinite planning horizon by considering ordering, operation, and inventory costs. The demands… read more here.
Keywords: disassembly eoq; sensitive demands; price sensitive; order quantity ... See more keywords
Economic order quantity for multistage disassembly systems
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DOI: 10.1016/j.ijpe.2018.02.008
Abstract: Abstract Disassembly economic order quantity models are proposed in this paper in order to reduce inventory costs in reverse logistics. The problems is to determine the quantities and the timings of disassembly operations to generate… read more here.
Keywords: order; order quantity; quantity multistage; disassembly systems ... See more keywords
Economic order quantity for substitutable growing items
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DOI: 10.1080/17509653.2024.2363778
Abstract: ABSTRACT In the realm of inventory management, the role of substitution in managing growing items is crucial. While several studies have examined growing and substitutable items separately, none have addressed replenishment policies for inventory systems… read more here.
Keywords: methodology; economic order; order quantity; growing items ... See more keywords
A Risk-Averse Newsvendor Model Under the Framework of Uncertainty Theory
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DOI: 10.1109/access.2019.2960348
Abstract: Due to the ever-changing and complex market environment, companies frequently face highly uncertain demand where data are so insufficient that the use of random or fuzzy variables, which are typically assumed in the literature, is… read more here.
Keywords: order quantity; averse newsvendor; optimal order; risk ... See more keywords
The optimal delivery time and order quantity in an oligopoly market with time-sensitive customers
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DOI: 10.1371/journal.pone.0225436
Abstract: With the development of e-commerce, delivery time is regarded as a key competitive advantage in an oligopoly market, as shortening the delivery time can stimulate demand for products. Many firms adopt a variety of strategies… read more here.
Keywords: order quantity; time order; market; time ... See more keywords
Economic order quantity under permissible delay in payments for new products in dynamic pricing-advertising condition
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DOI: 10.1504/ijbir.2017.10004379
Abstract: Economic ordering policies for a retailer are often strategies subject to the nature of demand, and the kind of benefits received from the suppliers. Globalisation and continuum innovations of new products/technologies put enormous pressure on… read more here.
Keywords: order quantity; delay payments; permissible delay; economic order ... See more keywords
A Mathematical Model for an Inventory Management and Order Quantity Allocation Problem with Nonlinear Quantity Discounts and Nonlinear Price-Dependent Demand
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DOI: 10.3390/axioms12060547
Abstract: This article focuses on solving the order quantity allocation problem for retailers. It considers factors such as quality constraints, nonlinear quantity discounts, and price-dependent demand. By formulating it as a nonlinear maximization problem, the article… read more here.
Keywords: problem; price dependent; order quantity; quantity ... See more keywords