Classic inventory models use average cost functions. It is generally accepted that these models should account for the time value of money. They do so not by considering the timing of cash-flows, but by including opportunity costs. The Net Present Value (NPV) framework has long been used to...

A century of the EOQ / Matthew J. Drake and Kathryn A. Marley -- Multi-period lot-sizing with stationary demand: extension to forecast horizons / Suresh Chand and Suresh Sethi -- EOQ models with supply disruptions / Zümbül Atan and Lawrence V. Snyder -- Existence of EOQ and its evaluation:...

Section 1: Inventory models with trade credit financing for imperfect quality items -- Chapter 1. An economic production quantity (EPQ) inventory model for deteriorating item under two-level trade credit policy with allowable shortages -- Chapter 2. Deteriorating imperfect produce inventory for...