Record Details

Economic Order Quantity Modeling using Automatic Identification Technologies

International Journal of Supply Chain Management

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Field Value
 
Title Economic Order Quantity Modeling using Automatic Identification Technologies
 
Creator Jones, Erick
Gnaneswaran, Vettrivel
Mulfur, Walter
Armstrong, Harrison
 
Description Automatic identification technologies (AIT) such as barcodes and radio frequency identification (RFID) are commonly used in inventory management. However, these AITs have operational limitations due to their system reliability with respect to the transponder or tag readability. This research introduces a model for a system reliability approach that evaluates the impact of AIT system on economic order quantities (EOQ).  We introduce the model with deterministic demand and then we introduce a real-world application that demonstrates the model’s usage for NASA’s International Space Station (ISS).  The information for the described scenario is derived from research funded by NASA EPSCOR.  Results indicate that AIT, specifically RFID, system reliability have a significant impact on the cost for sending, storing, and consuming inventory on ISS operations and other weight driven and expensive operations.
 
Publisher International Journal of Supply Chain Management
 
Contributor NASA EPSCoR and Nebraska Space Foundation
 
Date 2013-09-29
 
Type Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/803
 
Source International Journal of Supply Chain Management; Vol 2, No 3 (2013): International Journal of Supply Chain Management (IJSCM)
 
Language en
 
Rights The copyright of the contribution is transferred to IJSCM in case of acceptance. The copyright transfer covers the exclusive right to reproduce and distribute the contribution, including reprints, translations, photographic reproductions, microform, electronic form, or any other reproductions of similar nature.The Author may publish his/her contribution on his/her personal Web page provided that he/she creates a link to the mentioned volume of IJSCM.The Author may not publish his/her contribution anywhere else without the prior written permission of the publisher unless it has been changed substantially. The Author warrants that his/her contribution is original, except for such excerpts from copyrighted works as may be included with the permission of the copyright holder and author thereof, that it contains no libellous statements, and does not infringe on any copyright, trademark, patent, statutory right, or propriety right of others.The Author also agrees for and accepts responsibility for releasing this material on behalf of any and all co-authors.