A generalized discount structure and some dominance rules for selecting the price-break EOQ (Q1093512): Difference between revisions
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Latest revision as of 12:57, 18 June 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A generalized discount structure and some dominance rules for selecting the price-break EOQ |
scientific article |
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A generalized discount structure and some dominance rules for selecting the price-break EOQ (English)
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1988
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This paper introduces a generalized discount structure that combines the features of incremental and all-units quantity discount policies. General properties of the EOQ model under this discount structure are studied, and dominance rules for comparing order quantity intervals under either type of discount policy are established. In addition, procedures for developing an iso-cost function and the minimal feasible set for optimal order quantity are proposed.
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economic order quantities
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dominance rules
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generalized discount structure
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quantity discount policies
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EOQ model
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