High Eccentricity EOQ Total Cost Function Yields JIT Results

Simple item page
dc.contributor.authorRoach, Billen_US
dc.dateJuly 2009en_US
dc.date.accessioned2018-11-02T14:38:40Z
dc.date.available2018-11-02T14:38:40Z
dc.date.issued2009-07-1
dc.description.abstractFor perishable inventory, the hold cost H is much larger than anticipated by the classical EOQ formula, orders of magnitude larger. For perishable inventory, the EOQ total cost function is pointed rather than flat. This pointed-ness logically causes the EOQ model to yield JIT-like results. The pointed-ness (eccentricity) of the EOQ total cost curve depends solely on holding cost H and not annual demand D or batch cost S. D and S determine the level of the TC curve but not the shape.en_US
dc.description.sponsorshipKaw Valley Banken_US
dc.format.mediumPDFen_US
dc.identifier.otherSchool of Business Working Paper Series; No. 111en_US
dc.identifier.urihttps://hdl.handle.net/10425/330
dc.language.isoen_USen_US
dc.publisherWashburn University. School of Businessen_US
dc.subjectEccentricityen_US
dc.subjectEconomic Order Quantity (EOQ)en_US
dc.subjectPerishable inventoryen_US
dc.subjectInventory controlen_US
dc.subjectBusiness logisticsen_US
dc.subjectBusiness mathematicsen_US
dc.titleHigh Eccentricity EOQ Total Cost Function Yields JIT Resultsen_US
dc.typeWorking paperen_US
washburn.identifier.cdm41en_US
washburn.identifier.oclc428986951en_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
42.pdf
Size:
712.18 KB
Format:
Adobe Portable Document Format
Download
Collections
Kaw Valley Bank Working Paper Series
Faculty Papers