• Home
  • Browse
    • Current Issue
    • By Issue
    • By Author
    • By Subject
    • Author Index
    • Keyword Index
  • Journal Info
    • About Journal
    • Aims and Scope
    • Editorial Board
    • Advisory Board
    • Editorial Staff
    • Publication Ethics
    • Indexing and Abstracting
    • Related Links
    • FAQ
    • Peer Review Process
    • News
  • Guide for Authors
  • Submit Manuscript
  • Reviewers
  • Contact Us
 
  • Login
  • Register
Home Articles List Article Information
  • Save Records
  • |
  • Printable Version
  • |
  • Recommend
  • |
  • How to cite Export to
    RIS EndNote BibTeX APA MLA Harvard Vancouver
  • |
  • Share Share
    CiteULike Mendeley Facebook Google LinkedIn Twitter Telegram
Scientia Iranica
Articles in Press
Current Issue
Journal Archive
Volume Volume 25 (2018)
Volume Volume 24 (2017)
Volume Volume 23 (2016)
Volume Volume 22 (2015)
Issue Issue 6
Transactions on Nanotechnology (F)
Issue Issue 6
Transactions on Industrial Engineering (E)
Issue Issue 6
Transactions on Computer Science & Engineering and Electrical Engineering (D)
Issue Issue 6
Transactions on Chemistry and Chemical Engineering (C)
Issue Issue 6
Transactions on Mechanical Engineering (B)
Issue Issue 6
Transactions on Civil Engineering (A)
Issue Issue 5
Transactions on Mechanical Engineering (B)
Issue Issue 5
Transactions on Civil Engineering (A)
Issue Issue 4
Transactions on Mechanical Engineering (B)
Issue Issue 4
Transactions on Civil Engineering (A)
Issue Issue 3
Transactions on Nanotechnology (F)
Issue Issue 3
Transactions on Industrial Engineering (E)
Issue Issue 3
Transactions on Computer Science & Engineering and Electrical Engineering (D)
Issue Issue 3
Transactions on Chemistry and Chemical Engineering (C)
Issue Issue 3
Transactions on Mechanical Engineering (B)
Issue Issue 3
Transactions on Civil Engineering (A)
Issue Issue 2
Transactions on Mechanical Engineering (B)
Issue Issue 2
Transactions on Civil Engineering (A)
Issue Issue 1
Transactions on Mechanical Engineering (B)
Issue Issue 1
Transactions on Civil Engineering (A)
Volume Volume 21 (2014)
Volume Volume 20 (2013)
Volume Volume 17 (2010)
Volume Volume 16 (2009)
Volume Volume 15 (2008)
Volume Volume 14 (2007)
Volume Volume 13 (2006)
Volume Volume 12 (2005)
Volume Volume 11 (2004)
Volume Volume 10 (2003)
Volume Volume 9 (2002)
Volume Volume 8 (2001)
Volume Volume 7 (2000)
Volume Volume 6 (1999)
Volume Volume 5 (1998)
Volume Volume 4 (1997)
Volume Volume 3 (1996)
Volume Volume 2 (1995)
Volume Volume 1 (1994)

Scientia Iranica

Scientia Rank

Haji, R., Tayebi, H. (2015). Comparing four ordering policies in a lost sales inventory model with Poisson demand and zero ordering cost. Scientia Iranica, 22(3), 1294-1298.
Rasoul Haji; Hamed Tayebi. "Comparing four ordering policies in a lost sales inventory model with Poisson demand and zero ordering cost". Scientia Iranica, 22, 3, 2015, 1294-1298.
Haji, R., Tayebi, H. (2015). 'Comparing four ordering policies in a lost sales inventory model with Poisson demand and zero ordering cost', Scientia Iranica, 22(3), pp. 1294-1298.
Haji, R., Tayebi, H. Comparing four ordering policies in a lost sales inventory model with Poisson demand and zero ordering cost. Scientia Iranica, 2015; 22(3): 1294-1298.

Comparing four ordering policies in a lost sales inventory model with Poisson demand and zero ordering cost

Article 16, Volume 22, Issue 3, June 2015, Page 1294-1298  XML PDF (1183 K)
Authors
Rasoul Haji; Hamed Tayebi
Department of Industrial Engineering, Sharif University of Technology, Tehran, Zip 14588-89694, Iran
Abstract
In this paper, we compare four ordering policies in a lost sales inventory model with zero ordering cost, constant lead time, and Poisson demand process. These ordering policies are 1) base stock policy, 2) full delay policy, 3) simple delay policy and 4) a recently developed ordering policy called (1, T) or one for one period policy. Our work can be considered as an expansion of a previous research which compared the first three policies. We show that, for any fixed value of the ratio of unit lost sales cost over unit holding cost, there is a specific value of lead time demand beyond which the cost of (1, T) policy is lower than the costs of other three policies. Furthermore, the superiority of (1, T) policy is more significant for low values of the above ratio and becomes more pronounced as the lead time demand increases.
Keywords
Lost sales; Base Stock policy; one-for-one-period policy; Poisson demand
Statistics
Article View: 970
PDF Download: 170
Home | Glossary | News | Aims and Scope | Sitemap
Top Top

© 2017 scientiairanica

Journal Management System. Designed by sinaweb.