Generalized EOQ Type Inventory Models with Time Dependent both Demand Rate and Holding Cost Rate

Result code in IS VaVaI
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Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Generalized EOQ Type Inventory Models with Time Dependent both Demand Rate and Holding Cost Rate
Original language description
The paper deals with some generalized inventory control models which are linked to the well-known EOQ model. There are dynamic periodic and deterministic models with common feature being represented by instantaneous replenishment in constant time periods. First, we present models assuming another than constant rate of demand within an inventory cycle. The demand rate takes polynomial form which is specified by particular interpolation conditions. These conditions give a chance to include various intermediate data to describe inventory level during the cycle with particular details. Second, we assume the holding cost rate to be time dependent as well, though of the first algebraic degree basically. However, the generalization to higher degrees is quitestraightforward. The results, in particular - optimal replenishment lot size and optimal total cost per unit of time, yielded from these models with different interpolating conditions are compared with similar quantities provided by class
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Conference Proceedings, 33th International Conference Mathematical Methods in Economics
ISBN
978-80-261-0539-8
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
249-254
Publisher name
Západočeská univerzita v Plzni
Place of publication
Plzeň
Event location
Cheb
Event date
Sep 9, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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