A Post Modern Look at the EOQ Model: Deconstruction of the Total Cost Function Leads to JIT

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dc.contributor.authorRoach, Billen_US
dc.dateNovember 2007en_US
dc.date.accessioned2018-11-02T14:38:15Z
dc.date.available2018-11-02T14:38:15Z
dc.date.issued2007-11-1
dc.description.abstractWhen 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 the EOQ model to yield JIT-like results. The flatness or pointedness of the EOQ total cost curve depends on holding cost alone and not annual demand or batch cost. This paper uses the mathematics of conic sections to develop measures of the pointedness of the EOQ total cost function.en_US
dc.description.sponsorshipKaw Valley Banken_US
dc.format.mediumPDFen_US
dc.identifier.otherSchool of Business Working Paper Series; No. 93en_US
dc.identifier.urihttps://hdl.handle.net/10425/233
dc.language.isoen_USen_US
dc.publisherWashburn University. School of Businessen_US
dc.subjectEccentricityen_US
dc.subjectEconomic Order Quantityen_US
dc.subjectEconomic Order Quantity Modelen_US
dc.subjectEOQen_US
dc.subjectFlatnessen_US
dc.subjectInventory Controlen_US
dc.subjectPointednessen_US
dc.subjectConic Sectionsen_US
dc.titleA Post Modern Look at the EOQ Model: Deconstruction of the Total Cost Function Leads to JITen_US
dc.typeWorking paperen_US
washburn.identifier.cdm164en_US
washburn.identifier.oclc235273349en_US
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