DocumentCode :
1709434
Title :
The EOQ model with single ramp-type demand based on the advanced booking discount and two stage ordering
Author :
Zhou Youjun ; Pan Yiqian ; Li Changwen
Author_Institution :
Sch. of Bus. Adm., South China Univ. of Technol., Guangzhou, China
fYear :
2013
Firstpage :
2333
Lastpage :
2337
Abstract :
An inventory model with advanced booking discount and two stage ordering is established under conditions of the finite planning period and single ramp-type demand function. The existence and uniqueness of the model´s optimal solution is discussed. The algorithm of the solution and numerical experiments for the model are given. With the practical problems in different parameters, the optimal solution is obtained in comparison to must be through the optimal solutions of these two models from the result of the numerical example.
Keywords :
inventory management; planning; EOQ model; advanced booking discount; finite planning period; inventory model; model optimal solution; single ramp-type demand function; two stage ordering; Computational modeling; Computers; Educational institutions; Electronic mail; Europe; Industrial engineering; Numerical models; Advanced Booking Discount; Inventory Model; Ramp-Type Demand rate; Two Stage Ordering;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Control Conference (CCC), 2013 32nd Chinese
Conference_Location :
Xi´an
Type :
conf
Filename :
6639816
Link To Document :
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