Results 221 to 230 of about 29,676 (252)
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EOQ with limited backorder delays
Computers & Operations Research, 1986This note considers the problem of determining the EOQ of an inventory system which allows for short delay in replenishment of inventory items that are subject to exponential decay over time. We present an analytical model to deal with the problem. It is shown that previous research results for the situation with nondecaying inventory items can be ...
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Modeling and optimization of multi-item multi-constrained EOQ model for growing items
Knowledge-Based Systems, 2019In this paper, a new mathematical model is presented, for the first time, for multi-item economic order quantity for growing items considering various operational constraints.
Soheyl Khalilpourazari, S. Pasandideh
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CORRECTING A MISCONCEPTION ABOUT EOQ
Decision Sciences, 1977ABSTRACTThe author discusses the well known (by faculty) but seldom articulated (to students) mathematical reason that the simple EOQ model can be optimized by equating total, rather than marginal, costs.
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A note on eoq under fund constraints
Naval Research Logistics Quarterly, 1978AbstractAn algorithm is developed to modify the Wilson Q to account for a shortâterm expenditure constraint over a catalog of items. Representative results are shown and generalizations made.
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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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