Technical note: Solving inventory models by algebraic method
| Autor: | Xu-Ren Luo, Chih-Sheng Chou |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Economics and Econometrics
Economic shortage Technical note 02 engineering and technology Management Science and Operations Research General Business Management and Accounting Industrial and Manufacturing Engineering 03 medical and health sciences 020303 mechanical engineering & transports 0302 clinical medicine 0203 mechanical engineering 030221 ophthalmology & optometry Calculus Economic order quantity Uniqueness Algebraic number Algebraic method Mathematics |
| Zdroj: | International Journal of Production Economics. 200:130-133 |
| ISSN: | 0925-5273 |
| DOI: | 10.1016/j.ijpe.2018.03.023 |
| Popis: | We consider the open question raised by Chang et al. (2005) to solve the EOQ and EPQ inventory models without referring to calculus. Lau et al. (2016) and Chiu et al. (2017) both extended this open question by deriving criterion for the existence and uniqueness of the interior minimum solution but they used analytical techniques that are related to calculus. Moreover, their derivations are incomplete and contained questionable results. In this note, we only used algebraic approach for their extended open question. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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