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
Mathematical properties of EOQ models with special cost structure / Gambini A.; Mingari Scarpello G; Ritelli D.. - In: APPLIED MATHEMATICAL MODELLING. - ISSN 0307-904X. - STAMPA. - 37:(2013), pp. 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.