A note on how to compute economic order quantities without derivatives by cost comparisons

Stefan Minner

doi:10.1016/j.ijpe.2006.04.012

A note on how to compute economic order quantities without derivatives by cost comparisons

Stefan Minner

University of Mannheim

Research output: Contribution to journal › Article › peer-review

47 Scopus citations

Abstract

A different approach to obtain the economic order quantity and several extensions without taking derivatives is presented. In contrast to previous contributions to this discussion, cost comparisons in a finite horizon and analyzing the limiting behavior are used rather than algebraic manipulations of the average cost function and comparison of coefficients.

Original language	English
Pages (from-to)	293-296
Number of pages	4
Journal	International Journal of Production Economics
Volume	105
Issue number	1
DOIs	https://doi.org/10.1016/j.ijpe.2006.04.012
State	Published - Jan 2007
Externally published	Yes

Keywords

Economic order/production quantity
Inventory
Shortage

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10.1016/j.ijpe.2006.04.012

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KW - Inventory

KW - Shortage

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A note on how to compute economic order quantities without derivatives by cost comparisons

Abstract

Keywords

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