Corrections to Some Theoretical Results of an EOQ Model
Recently,Chun-Tao Chang established an EOQ model with deteriorating items under inflation when supplier credits linked to order quantity.However,in Changs paper,there are two mistakes of theoretical results.In this article,we give two corresponding counter examples to verify our claims.Moreover,we obtain two theorems which provide an easy-to-use algorithm to find the optimal replenishment interval.Finally,numerical examples are given to illustrate our theoretical results and made the sensitivity analysis of parameters on the optimal solutions.
corrections deteriorating items delay payments lot-size
Xiaowei Wen Min Pang
College of Economics and Management,South China Agricultural University Software Engineering,Information Technology Institute of Jinan University
国际会议
2006 Interntional Conferecne on Management of Logistics and Supply Chain(2006物流与供应链管理国际研讨会)
长沙
英文
511-515
2006-09-20(万方平台首次上网日期,不代表论文的发表时间)