Results 251 to 260 of about 1,130,126 (304)

Marketing policies on economic order quantity

Journal of Information and Optimization Sciences, 2003
This paper studies the deterministic inventory system in which the demand rate of an item is of a polynomial function form and dependent on the inventory on hand, price policy and advertisement expenditure. We derive an efficient algorithm to determine the optimal economic order quantity, selling price, order period and advertising expenditure ...
Bertram Tan, Ping-Jung Hsieh, Chin-Ho Lin   +2 more
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Robust economic order quantity models

European Journal of Operational Research, 1997
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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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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Economic Order Quantity and Safety Stock

2015
Most of the service parts—especially in the automotive and the engineering industry—have an immediate demand, i.e. the service part has to be available on stock. Since the forecast is always just an estimation of the future demand, it is necessary to compensate the deviations from the real demand (and the irregularities of the supply) by safety stock.
Jörg Thomas Dickersbach, Michael F. Passon   +1 more
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Economic order quantity for growing items

International Journal of Production Economics, 2014
Abstract Economic order/production quantity (EOQ/EPQ) models have generally been presented for manufacturing products. Incorporating some important features of a specific category of products, different EOQ/EPQ models have been proposed in literature. This study proposes a new class of inventory models, i.e.
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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 QUANTITIES WITH QUANTITY DISCOUNTS: GRANDMA DOES IT BEST

Decision Sciences, 1983
ABSTRACTWe examine a new algorithm developed by Kuzdrall and Britney [5] for locating the optimal order quantity in the presence of quantity discounts. Their algorithm, based on a model for the supplier's formulation of the price schedule, involves a regression analysis to identify the supplier's variable cost per unit and the fixed cost that the ...
Paul A. Rubin, David M. Dilts, Beth A. Barron   +2 more
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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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Economic order quantity for multistage disassembly systems

International Journal of Production Economics, 2018
Abstract Disassembly economic order quantity models are proposed in this paper in order to reduce inventory costs in reverse logistics. The problems is to determine the quantities and the timings of disassembly operations to generate components for which there are known, continuous and constant demands over a planning horizon.
Godichaud, Matthieu, Amodeo, Lionel
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Economic production order quantity and quality

International Journal of Production Research, 2011
The purpose of this study is to integrate a conventional production-inventory management approach and a process-quality design approach so as to promote quality and reduce costs. Because the integration of these two approaches into a single system is conducted under the influence of a deterioration process, estimated costs of production must be ...
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