Browsing by Subject "Economic Order Quantity"
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Looking At The Economics Order Quantity Model Using The Mathematics Of Conic Section
This paper uses the mathematics of conic sections to develop measures of the pointedness of the EOQ total cost function. -
A Post Modern Look At The EOQ Model: Deconstruction Of The Total Cost Function Leads To JIT
When the hold cost H is much larger than anticipated by the usual textbook treatment of the EOQ formula, order of magnitude larger, the EOQ total cost function is pointed rather than flat. This pointedness logically causes ...