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Innovations in Inventory Management to Improve the Profitability of Local SMEs. [PDF]
Puican Rodríguez VH +2 more
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Machine learning-based optimal temperature management model for safety and quality control of perishable food supply chain. [PDF]
Eze J +4 more
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Inventory model for green products with payment strategy, selling price and green level dependent demand using teaching learning based optimization algorithm. [PDF]
Das SC +4 more
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A simple and practical approach to improving the cost effectiveness of surgical inventory management. [PDF]
Carter MW, Hawa T, Busby C.
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Sensitivity of the EOQ Model to Parameter Estimates
Operations Research, 1988The Economic Order Quantity (EOQ) model for independent demand is well known to be somewhat insensitive to the choice of order quantity. The cost goes up as the square root of the ratio of the actual order quantity to that of the optimal order quantity. The question arises as to how sensitive this cost is to parameter estimates. This paper extends the
Gregory Dobson
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A Technical Aid for EOQ Determination
This article presents a procedure and nomograph which can be used in making economic order quantity (EOQ) decisions. The benefits from using the procedure and nomograph are a reduction in the amount of data needed and the very rapid determination of the EOQ.
Jerry Banks, Russell G. Heikes
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Operations Research Letters, 2013
Abstract In this paper, we provide analytical support for the notion that it may be possible, via operational adjustments alone, to significantly reduce emissions without significantly increasing cost. Using the EOQ model, we provide a condition under which it is possible to reduce emissions by modifying order quantities.
Xi Chen 0008 +2 more
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Abstract In this paper, we provide analytical support for the notion that it may be possible, via operational adjustments alone, to significantly reduce emissions without significantly increasing cost. Using the EOQ model, we provide a condition under which it is possible to reduce emissions by modifying order quantities.
Xi Chen 0008 +2 more
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Eoq with limited backorder delays
Computers & Operations Research, 1984This note extends the standard EOQ model to cover the situation when the firm is allowed, at no backorder cost, a certain delay time before the order must be filled. This situation is met in practice when the customer doesn't expect or insist on immediate receipt of an order from on-the- shelf inventory, but only a certain reasonable delay time is ...
Donald C. Aucamp, Donald W. Fogarty
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