Results 181 to 190 of about 22,224 (204)
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Revisiting ROQ: EOQ For Company-wide ROI Maximization
Journal of the Operational Research Society, 1995Summary: Although attempts have been made in the past to modify the economic order quantity (EOQ) model to the maximization of return on investment (ROI), they either failed to take the whole enterprise into account or reached the erroneous conclusion that no adaptation is required for that purpose.
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An EOQ model with pricing consideration
Computers & Industrial Engineering, 1990Abstract This paper presents an economic order quantity (EOQ) model that integrates the product pricing and order sizing decisions to maximize profit. The Kuhn-Tucker conditions are used to determine the optimal solution under conditions of storage space and inventory investment limitations.
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Some Observations on the EOQ Models
Journal of Information and Optimization Sciences, 1988Abstract This paper points out an interesting result relating to the total cost of the optimal policy for several EOQ models used in inventory control analysis. It is observed that the same simple result holds true for all these models.
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Remarks on error bounds for EOQ
Journal of Interdisciplinary Mathematics, 2003Abstract The traditional economic order quantity is based on average cost analysis. Often it has been argued that incorporating the time value of money will not have a significant effect on the lot size. However, in 1988, Professor Rachamadugu provided the bounds for the discounted order quantity and showed that the accuracy of the average analysis is ...
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EOQ-Type Models with Demand Selection
2012This chapter discusses a generalized version of the economic order quantity (EOQ). In particular, we consider a situation in which a single inventory stage must select from among a set of demand streams, those which it will satisfy. Each demand stream carries with it a constant demand rate as well as a constant revenue rate. We consider several problem
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“EOQ Modification for Inflationary Prices”
Journal of Purchasing and Materials Management, 1982Richard J. Tersine, Michele G. Hylton
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