Technical Tote- EOQ and EPQ with Linear and Fixed Backorder Costs: Two Cases Identified and Models Analyzed without Calculus

摘要：

Sphicas (2006)analyzed the EOQ and EPQ models each with linear and fixed backorder costs without calculus.However, his algebraic procedure and analysis are too complicated to be understood by ordinary readers. In this note, the complete squares method, which is usually taught when introducing the notion of a general quadratic equation in Form 2 at high school, is applied to derive the same optimum formulae and analytic findings in a straightforward manner. A numerical example has been solved to illustrate the solution procedure.

关键词： EOQ EPQ Backorder costs The complete squares method

作者: Kit-Nam Francis Leung

作者单位: Department of Management Sciences, City University of Hong Kong,83 Tat Chee Avenue, Kowloon Tong, Hong Kong

会议类型: 国际会议

会议名称: 第六届管理学国际会议(Proceedings of ICM2007 the 6th International on Management)

会议地点: 武汉

会议语种:英文

页码: 1918-1921

在线出版日期: 2007-08-03（万方平台首次上网日期，不代表论文的发表时间）