Results 141 to 150 of about 408 (181)
Incorporating transportation costs into the single and multiple items newsvendor problems. [PDF]
Hariga M.
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Economic order quantity (EOQ): An alternative at Routine Maintenance Company
2013 IEEE Business Engineering and Industrial Applications Colloquium (BEIAC), 2013A basic research that descriptive in nature was conducted at a Routine Maintenance Company in East Coast of Peninsula Malaysia regards to inventory management discipline that focused on one high drawing item, which is fluorescent lamp PLL 36 watt.
Nurmuslimah Kamilah Abdullah +2 more
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An economic order quantity (EOQ) for items with imperfect quality and inspection errors
International Journal of Production Economics, 2011Abstract An approach similar to Salameh and Jaber (2000) has been used in this paper to produce an optimal production/order quantity that takes care of imperfect processes. An imperfect inspection process (Raouf et al., 1983) is utilized to describe the defective proportion of the received lot. That is, the inspector may commit errors while screening.
Mohamad Y Jaber +2 more
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IMPLEMENTATION OF THE ECONOMIC ORDER QUANTITY (EOQ) METHOD ON CV ANUGRAH SAKTI
Applied Accounting and Management Review (AAMAR), 2023The purpose of thi study is to determine the cost of raw material inventory which is more efficient by using the Economic Order Quantity (EOQ) method at CV Anugrah Sakti. Data collection methods in this study are interviews,observation, and documentation.
Fania Inasari +2 more
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Economic Order Quantity (EOQ) – An Extension
SSRN Electronic Journal, 2020The 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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More ado about economic order quantities (EOQ)
Naval Research Logistics Quarterly, 1970AbstractThis paper is concerned with the determination of explicit expressions for economic order quantities and reorder levels, such that the cost of ordering and holding inventory is minimized for specific backorder constraints. Holding costs are applied either to inventory position or on‐hand inventory, and the backorder constraint is considered in ...
Victor J. Presutti, Richard C. Trepp
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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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The Economic Order-Quantity (EOQ) Model
2008The economic order-quantity model considers the tradeoff between ordering cost and storage cost in choosing the quantity to use in replenishing item inventories. A larger order-quantity reduces ordering frequency, and, hence ordering cost/ month, but requires holding a larger average inventory, which increases storage (holding) cost/month. On the other
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Determination of economic order quantities (EOQ) in an integrated material flow system
International Journal of Production Research, 2000The material flow system is the backbone of a manufacturing system as it provides both physical and operational structure. Each component (material handling, until load size, storage space, layout, etc) is a difficult problem to address on its own; however, it is imperative that components be addressed concurrently due to their interactions. This paper
Soodong Choi, James S. Noble
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