Results 251 to 260 of about 108,209 (303)

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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Economic Order and Surplus Quantities Model

IBM Journal of Research and Development, 1974
A 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 Quantity and the Value of the Firm

SSRN Electronic Journal, 2007
The celebrated EOQ model solves the trade-off between ordering and inventory holding expenses minimizing total costs and assuming that the cost of capital, which contributes to the inventory holding cost, is exogenous to operations. Rather than minimizing total costs, we first set the problem as to maximize the value of the firm for shareholders, but ...
Alejandro Serrano, Santiago Kraiselburd
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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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