. Additional insights into the problem are obtained via a comparison between our models and the models with stochastic order lead …

most four/five target levels that the upstream/downstream echelon tries to produce/order up to. The numbers of levels and …

to a given order quantity, and a quantity discount beyond that or, equivalently, the case of two suppliers, one with a …

inventory is positive or non-positive. Only with this information, the inventory manager must determine the order quantity in …

the optimal order quantity. We show that the optimal ordering policy is of base-stock type with respect to the reference …

are fully observable via the rain checks. The inventory manager determines the order quantity based on the partial …

ina free-boundary problem that shows that the optimality of a (γ, Γ) policy, where γ and Γ are the ordering and order …-up-to boundaries, respectively, such that we order only when the inventory is below γ and then order up to a specified point in Γ. We …

The aim of this paper is to illustrate the determination of the Economic Order Quantity (EOQ) or Economic Number of … assumptions of the basic EOQ model - (a) the constant unit handling cost, and (b) the constant per order cost - are relaxed; and …, Exhibit 1 relaxes the assumption of 'constant per order cost' and considers the concepts of fixed cost and variable cost for …

In stock management, Economic Order Quantity (EOQ) is an important inventory management system that demonstrates the … quantity of an item to reduce the total cost of both handling of inventory (Handling Cost) and order processing (Ordering Cost …