Shukla, H.S.; Tripathi, R.P.; Sang, Neha - In: International Journal of Operations Research and … 8 (2017) 4, pp. 59-75
This paper presents EOQ (Economic Order Quantity) model with stock- level dependent demand and different types of holding cost function. We show that the total relevant inventory cost per unit time is convex with respect to cycle time. Mathematical models are established to determine optimal...