Pentico, David W.; Toews, Carl; Drake, Matthew J. - In: International Journal of Information Systems and Supply … 7 (2014) 4, pp. 31-49
This paper describes two heuristics for the basic economic order quantity and economic production quantity with partial backordering that use the time between orders and the percentage of demand filled from stock as the decision variables. Tests of the heuristics on a set of problems generated...