Taleizadeh, Ata Allah; Pentico, David W. - In: European Journal of Operational Research 228 (2013) 3, pp. 516-525
A constant unit purchase cost is one of the main assumptions in the classic Economic Order Quantity model. In practice, suppliers sometimes face a known price increase. In this paper, we develop EOQ models with a known price increase and partial backordering under two different assumptions about...