Multi-item EOQ inventory model with varying holding cost under two restrictions: A geometric programming approach
Autor: | K. A. M. Kotb, M. O. Abou-El-Ata |
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Rok vydání: | 1997 |
Předmět: |
Mathematical optimization
Continuous function Strategy and Management Holding cost Management Science and Operations Research Industrial and Manufacturing Engineering Computer Science Applications Multi item Microeconomics Dynamic lot-size model Order (business) Economics Economic order quantity Constant (mathematics) Geometric programming |
Zdroj: | Production Planning & Control. 8:608-611 |
ISSN: | 1366-5871 0953-7287 |
DOI: | 10.1080/095372897234948 |
Popis: | In this paper we provide a simple method to determine the inventory policy of multiple items having varying holding cost using a geometric programming approach. The varying holding cost is considered to be a continuous function of the order quantity. The EOQ inventory model with constant holding cost and the classical EOQ inventory model without constraints are derived. |
Databáze: | OpenAIRE |
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