An existence-uniqueness theorem is proved about a minimum cost order for a class of inventory models whose holding costs grow according to a stock level power law. The outcomes of a previous work of two of the authors are then extended to different environments: i.e. when the holding costs change during time generalizing the Weiss model, or with invariable holding costs but adopting a backordering strategy. Application cases are provided assuming several functional behaviors of demand versus the stock level
Gambini A., Mingari Scarpello G, Ritelli D. (2013). Mathematical properties of EOQ models with special cost structure. APPLIED MATHEMATICAL MODELLING, 37, 659-666 [10.1016/j.apm.2012.02.054].
Mathematical properties of EOQ models with special cost structure
GAMBINI, ALESSANDRO;MINGARI SCARPELLO, GIOVANNI;RITELLI, DANIELE
2013
Abstract
An existence-uniqueness theorem is proved about a minimum cost order for a class of inventory models whose holding costs grow according to a stock level power law. The outcomes of a previous work of two of the authors are then extended to different environments: i.e. when the holding costs change during time generalizing the Weiss model, or with invariable holding costs but adopting a backordering strategy. Application cases are provided assuming several functional behaviors of demand versus the stock levelI documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.