TY - JOUR ID - 7408 TI - Developing EOQ model with instantaneous deteriorating items for a Vendor-Managed Inventory (VMI) system JO - Journal of Industrial and Systems Engineering JA - JISE LA - en SN - 1735-8272 AU - Tat, Roya AU - Esmaeili, Maryam AU - Taleizadeh, Ataollah AD - Department of Industrial Engineering, Alzahra University, Tehran, Iran AD - School of Industrial Engineering, College of Engineering, University of Tehran Y1 - 2014 PY - 2014 VL - 7 IS - 1 SP - 21 EP - 42 KW - Vendor-managed inventory KW - Supply chain KW - Economic order quantity model (EOQ) KW - Deterioration DO - N2 - This paper studies the economic-order-quantity model (EOQ) for deteriorating items in two cases (with and without shortages) to evaluate how vendor managed inventory (VMI) affects supply chain. We consider two-level supply chain (single supplier and a single retailer) with one instantaneous deteriorating item. A numerical example and sensitivity analysis are provided to illustrate the effect of related parameters on total cost and optimal order quantity of two systems. The results show that VMI works better and delivers lower cost in all conditions than traditional supply chain (the system before implementation of VMI). UR - https://www.jise.ir/article_7408.html L1 - https://www.jise.ir/article_7408_199976d9f5917c9087a823e09f2072a3.pdf ER -