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

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

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

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

6

Strana od-do

249-254

Název nakladatele

Západočeská univerzita v Plzni

Místo vydání

Plzeň

Místo konání akce

Cheb

Datum konání akce

9. 9. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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