An alternative approach to analyze economic ordering quantity and economic production quantity inventory problems using the completing the square method
In most papers and textbooks, the economic order quantity (EOQ) models and their variants, and the economic production quantity (EPQ) models and their variants are commonly solved using differential calculus. This study proposes an alternative approach that transform the problem into a suitable form...
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| Main Authors: | , , |
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| Format: | Article |
| Published: |
Elsevier
2010
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| Subjects: | |
| Online Access: | http://eprints.um.edu.my/12428/ |
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