Research Article

Inventory Model with Partial Backordering When Backordered Customers Delay Purchase after Stockout-Restoration

Table 1

Cost components in related literature and our model.

Inventory cost components/factorsPapers reviewedOur model
Stream IStream II

Ordering cost×
Inventory holding cost of in-stock items×
Backorder cost of stockouts×
Opportunity cost of lost sales×

Repurchase delay of backordered customers×
 Describe/analyze the behavior of purchase delay×
 Endogenous demand rate of backordered customers××
 Inventory holding cost of backordered demand××

Stream I Montgomery et al. [1], Rosenberg [6], Park [7, 8], Wee [9], Padmanabhan and Vrat [23], Wee [16], Abad [28, 29], Abboud and Sfairy [11], Skouri and Papachristos [17], Zhou et al. [18], Ghosh and Chaudhuri [19], San José et al. [1214], Hou [24], Jain et al. [25], Uthayakumar and Geetha [26], Pentico and Drake [10], Shah [20], Yang et al. [27], Dye and Hsieh [15], Taleizadeh et al. [3032], and Wee et al. [33]

Stream II Ajzen [37], Greenleaf and Lehmann [35], Darpy [38], Zinn and Liu [3], Duran et al. [34], Liberopoulos and Tsikis [4], Li and Chen [41], G.-R. Chen and M.-L. Chen [36], Rao et al. [5], Pizzi and Scarpi [40], and Moore and Fitzsimons [39]