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
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