• DocumentCode
    1831407
  • Title

    Three unequal period inventory models with cost changes

  • Author

    Luo, Jianwen ; Zhong, Genyuan

  • Author_Institution
    Sch. of Manage., Shanghai Jiao Tong Univ., China
  • Volume
    1
  • fYear
    2005
  • fDate
    13-15 June 2005
  • Firstpage
    467
  • Abstract
    There have been extensive discussions in the literature for possible extension of the basic economic order quantity (EOQ) model under various situations where the original assumptions are slack. This paper is concerned with three unequal period inventory models with cost increases, which has not been adequately addressed yet. We provide four possible types of the structure of the optimal policy and develop short procedures for determining optimal ordering policy. Our method developed in this paper provides a way to investigate the classical EOQ model for possible extension.
  • Keywords
    costing; industrial economics; order processing; EOQ model; cost changes; economic order quantity model; optimal ordering policy; unequal period inventory models; Artificial intelligence; Chromium; Cost function; Infinite horizon;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Services Systems and Services Management, 2005. Proceedings of ICSSSM '05. 2005 International Conference on
  • Print_ISBN
    0-7803-8971-9
  • Type

    conf

  • DOI
    10.1109/ICSSSM.2005.1499517
  • Filename
    1499517