Results 211 to 220 of about 97,060 (264)

Economic order quantities with discounting

Engineering Costs and Production Economics, 1987
Abstract The economic order model is reformulated to account for positive discounting and an unending planning horizon. The approximation properties of the conventional “economic order” rule are evaluated and confirm, in an intertemporally consistent setting, the results of Hadley [1].
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An economic order quantity problem

International Journal of Mathematical Education in Science and Technology, 1982
The standard single variable economic order quantity (EOQ) model for reordering multiple units of one product is reviewed. Then the EOQ model is applied to nine products simultaneously that are competing for scarce space in a warehouse. The resulting nine‐variable nonlinear cost minimization problem is solved using multi‐stage Monte Carlo optimization.
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Learning Considerations with Economic Order Quantity

A I I E Transactions, 1972
Abstract A method for the consideration of learning impacts on economic order quantity is presented for the simple inventory model. The developed techniques can be applied to the analysis of more complex and generalized inventory systems.
A. W. Wortham, A. M. Mayyasi
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Economic Order Quantity (EOQ)

SSRN Electronic Journal, 2019
In stock management, Economic Order Quantity (EOQ) is an important inventory management system that demonstrates the quantity of an item to reduce the total cost of both handling of inventory (Handling Cost) and order processing (Ordering Cost). The purpose of determining the EOQ is to minimise the Total Incremental Cost (TIC), beyond the cost of ...
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Economic Order Quantities with Inflation

Journal of the Operational Research Society, 1975
The classical EOQ formula assumes that all relevant costs and prices are constant. In this paper it is shown that with inflation the choice of the inventory carrying charge used in the EOQ formula ...
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A simple method to compute economic order quantities

European Journal of Operational Research, 2009
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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On the Economic Order Quantity Model with Compounding

American Journal of Mathematical and Management Sciences, 2020
The classical Economic Order Quantity (EOQ) model assumes simple interest to represent the opportunity cost of capital tied up in the inventory.
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The economic order quantity model with compounding

Omega, 2021
Abstract The standard Economic Order Quantity (EOQ) model is a cornerstone of inventory management. It is one of the oldest and highly recognized models in business and operations research. In the EOQ model, the inventory holding cost consists of two parts: a financial cost that represents the opportunity cost of capital tied up in the inventory and ...
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The Classical Economic Order Quantity Formula

Journal of the Operational Research Society, 1973
Most continuous time inventory models which allow for the stochastic nature of demands usually include a delivery lag. This disguises a close link between deterministic and stochastic formulations of the inventory problem. By assuming that there is no delivery lag a stochastic version of the classical economic lot size model is developed. It yields the
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Economic Order Quantity (EOQ) – An Extension

SSRN Electronic Journal, 2020
The aim of this paper is to illustrate the determination of the Economic Order Quantity (EOQ) or Economic Number of Orders (ENO) when the Total Ordering Cost (TOC) and Total Handling Cost (THC) are not equally the same. For this purpose, two assumptions of the basic EOQ model - (a) the constant unit handling cost, and (b) the constant per order cost ...
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