Production Order Quantity Model with Declining Unit Cost

摘要：

This paper improves upon the existing POQ inventory model in which unit cost and daily production are assumed to be constant. By including economies of scale into the model, we examine its impact on production order quantity and total cost. The results suggest that the minimal cost POQ needs to balance out holding, setup and production costs. As a result, a smaller inventory level corresponds to a minimum unit production cost is preferred.

关键词： A Production Order Quantity with Economies of Scale

作者: Ken Hung Yifan Zhao Chin W.Yang,

作者单位: Sanchez School of Busines Texas A&M International University Dept.of Economics and Mathematics Clarion University of Pennsylvania Professor of Economics and Management Clarion University of Pennsylvania

会议类型: 国际会议

会议名称: The Third International Conference on Operations and Supply Chain Management(第三届运营与供应链管理国际会议)

会议地点: 武汉

会议语种:英文

页码: 177-179

在线出版日期: 2009-07-28（万方平台首次上网日期，不代表论文的发表时间）