In this paper, we present an economic order quantity (EOQ) with both demand-dependent unit cost and restrictions. An analytical solution of the EQO is derived using a recent and simple method, which is the geometric programming approach. The EOQ inventory model with demand-dependent unit cost without any restriction and the classical EOQ inventory model are obtained.
机构:
Hong Kong Polytech Univ, Dept Logist & Maritime Studies, Kowloon, Hong Kong, Peoples R ChinaHong Kong Polytech Univ, Dept Logist & Maritime Studies, Kowloon, Hong Kong, Peoples R China
Ng, C. T.
Kovalyov, Mikhail Y.
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Belarusian Stare Univ, Minsk 220030, BELARUS
Natl Acad Sci Belarus, United Inst Informat Problems, Minsk 220030, BELARUSHong Kong Polytech Univ, Dept Logist & Maritime Studies, Kowloon, Hong Kong, Peoples R China
Kovalyov, Mikhail Y.
Cheng, T. C. E.
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Hong Kong Polytech Univ, Dept Logist & Maritime Studies, Kowloon, Hong Kong, Peoples R ChinaHong Kong Polytech Univ, Dept Logist & Maritime Studies, Kowloon, Hong Kong, Peoples R China
机构:
Mathematics Department, Faculty of Mathematics and Natural Sciences, Universitas Gadjah Mada, Yogyakarta, IndonesiaMathematics Department, Faculty of Mathematics and Natural Sciences, Universitas Gadjah Mada, Yogyakarta, Indonesia
机构:
Univ Kent, Kent Business Sch, Canterbury CT2 7PE, Kent, EnglandUniv Kent, Kent Business Sch, Canterbury CT2 7PE, Kent, England
Phouratsamay, Siao-Leu
Cheng, T. C. E.
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Hong Kong Polytech Univ, Dept Logist & Maritime Studies, Kowloon, Hong Kong, Peoples R ChinaUniv Kent, Kent Business Sch, Canterbury CT2 7PE, Kent, England