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Applying insights from metrics on circular livestock bioeconomy systems. [PDF]
Halpern C +4 more
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Robust modeling and evidence-based evaluation method for a active distribution network with EVs and CHPs. [PDF]
Chen K, Yuan J, Fang Z, Mao Y.
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Economic order quantities and inflation
International Journal of Production Research, 1985This paper addresses the inventory control problem of determining economic order quantities during inflation. A simple average annual cost model is constructed for which a closed-form solution is found. The solutions thus generated arc then compared with the optimal solutions to a ‘theoretically correct’ model whose objective is to minimize the ...
JOHN J. KANET, JAMES A. MILES
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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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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 and Surplus Quantities Model
IBM Journal of Research and Development, 1974A standard mathematical model for inventory management is known as the Economic Order Quantity (EOQ) model. In this communication the EOQ model is extended to include the possibility of determining how much, if any, excess stock should be sold at the beginning of a decision period.
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Economic order quantities with discounting
Engineering Costs and Production Economics, 1987Abstract 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, 1982The 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, 1972Abstract 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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