A generalized discount structure and some dominance rules for selecting the price-break EOQ (Q1093512)
From MaRDI portal
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 |
Statements
A generalized discount structure and some dominance rules for selecting the price-break EOQ (English)
0 references
1988
0 references
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.
0 references
economic order quantities
0 references
dominance rules
0 references
generalized discount structure
0 references
quantity discount policies
0 references
EOQ model
0 references
