Publication:
EOQ revisited with sustainability considerations

dc.contributor.departmentDepartment of Industrial Engineering
dc.contributor.departmentGraduate School of Sciences and Engineering
dc.contributor.kuauthorArslan, Mehmet Can
dc.contributor.kuauthorTürkay, Metin
dc.contributor.kuprofilePhD Student
dc.contributor.kuprofileFaculty Member
dc.contributor.schoolcollegeinstituteGRADUATE SCHOOL OF SCIENCES AND ENGINEERING
dc.contributor.schoolcollegeinstituteCollege of Engineering
dc.contributor.yokidN/A
dc.contributor.yokid24956
dc.date.accessioned2024-11-09T23:40:05Z
dc.date.issued2013
dc.description.abstractThe economic order quantity (EOQ) model is a pure economic model in classical inventory control theory. The model is designed to find the order quantity so as to minimize total cost under a deterministic setting. In this study, we revise the standard EOQ model to incorporate sustainability considerations that include environmental and social criteria in addition to the conventional economic considerations. We propose models for a number of different policies and analyze these revised models. Based on our analysis, we show how the triple bottom line considerations of sustainability be appended to traditional cost accounting in EOQ model. We also provide a number of useful insights for decision and policy making practices.
dc.description.indexedbyWoS
dc.description.indexedbyScopus
dc.description.issue4
dc.description.openaccessYES
dc.description.volume38
dc.identifier.doi10.2478/fcds-2013-0011
dc.identifier.eissn2300-3405
dc.identifier.issn0867-6356
dc.identifier.scopus2-s2.0-84890479516
dc.identifier.urihttp://dx.doi.org/10.2478/fcds-2013-0011
dc.identifier.urihttps://hdl.handle.net/20.500.14288/13231
dc.identifier.wos217383400001
dc.keywordsSupply chain management
dc.keywordsEconomic order quantity model
dc.keywordsInventory control
dc.keywordsSustainability
dc.keywordsOperations management
dc.languageEnglish
dc.publisherWalter De Gruyter Gmbh
dc.sourceFoundations of Computing and Decision Sciences
dc.subjectComputer science
dc.subjectArtificial intelligence
dc.titleEOQ revisited with sustainability considerations
dc.typeJournal Article
dspace.entity.typePublication
local.contributor.authoridN/A
local.contributor.authorid0000-0003-4769-6714
local.contributor.kuauthorArslan, Mehmet Can
local.contributor.kuauthorTürkay, Metin
local.publication.orgunit1GRADUATE SCHOOL OF SCIENCES AND ENGINEERING
local.publication.orgunit1College of Engineering
local.publication.orgunit2Department of Industrial Engineering
local.publication.orgunit2Graduate School of Sciences and Engineering
relation.isOrgUnitOfPublicationd6d00f52-d22d-4653-99e7-863efcd47b4a
relation.isOrgUnitOfPublication3fc31c89-e803-4eb1-af6b-6258bc42c3d8
relation.isOrgUnitOfPublication.latestForDiscoveryd6d00f52-d22d-4653-99e7-863efcd47b4a
relation.isParentOrgUnitOfPublication434c9663-2b11-4e66-9399-c863e2ebae43
relation.isParentOrgUnitOfPublication8e756b23-2d4a-4ce8-b1b3-62c794a8c164
relation.isParentOrgUnitOfPublication.latestForDiscovery8e756b23-2d4a-4ce8-b1b3-62c794a8c164

Files