EOQ with limited backorder delays (Q5903312): Difference between revisions
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Latest revision as of 20:35, 19 March 2024
scientific article; zbMATH DE number 3984916
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | EOQ with limited backorder delays |
scientific article; zbMATH DE number 3984916 |
Statements
EOQ with limited backorder delays (English)
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1984
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This note extends the standard EOQ model to cover the situation when the firm is allowed, at no backorder cost, a certain delay time before the order must be filled. This situation is met in practice when the customer doesn't expect or insist on immediate receipt of an order from on-the- shelf inventory, but only a certain reasonable delay time is allowed.
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economic order quantity
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delay time
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