Browsing by Subject "Pointedness"
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A Post Modern Look at the EOQ Model: Deconstruction of the Total Cost Function Leads to JIT
(Washburn University. School of Business, 2007-11-1)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 ...