The discrete-time EOQ model: solution and implications

DOI10.1016/J.EJOR.2017.09.018MaRDI QIDQ1754067zbMATH OpenOpenAlexFDO

Authors A. G. Lagodimos, P. T. Chountalas, Konstantina Skouri, Ioannis T. Christou

Publication date 30 May 2018

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2017.09.018

zbMATH Keywords

inventorynewsvendoroptimal review intervalsupply chainunimodal

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Integer programming (90C10) Nonconvex programming, global optimization (90C26)

Recommendations

• A discrete EOQ problem is solvable in \(O(\log n)\) time
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Cites work

• Discrete convexity: Convexity for functions defined on discrete spaces
• Effective and simple EOQ-like solutions for stochastic demand periodic review systems
• End-of-Period vs. Continuous Accounting of Inventory-Related Costs
• EOQ model with batch demand and planned backorders
• Finding Optimal (s, S) Policies Is About As Simple As Evaluating a Single Policy
• Foundations of inventory management
• Global optimization of two-echelon serial chains with replenishment costs
• scientific article; zbMATH DE number 3216838 (Why is no real title available?)
• Infinite-horizon models for inventory control under yield uncertainty and disruptions
• New bounds and heuristics for (Q,r) policies
• On properties of discrete (r,q) and (s,T) inventory systems
• On Properties of Stochastic Inventory Systems
• Optimal and heuristic echelon (r, nQ, T) policies in serial inventory systems with fixed costs
• Optimal Inventory Policy
• Using the Deterministic EOQ Formula in Stochastic Inventory Control

Cited in

(14)

• A new solution method for the finite-horizon discrete-time EOQ problem
• The EOQ problem with decidable warehouse capacity: Analysis, solution approaches and applications
• Optimum inventory policies with discrete time proportional demand, discrete replenishment opportunities and different optimizing criteria
• Local fractional system for economic order quantity using entropy solution
• Dynamics and control on a discrete multi-inventory system
• EOQ-based pricing and customer credit decisions under general supplier payments
• Inventory -- forecasting: mind the gap
• Inventory model of deteriorating items on non-periodic discrete-time domains
• Inventory control with indivisible units of stock transfer
• scientific article; zbMATH DE number 710500 (Why is no real title available?)
• scientific article; zbMATH DE number 6929726 (Why is no real title available?)
• scientific article; zbMATH DE number 792790 (Why is no real title available?)
• Simple economic order quantity heuristics for stochastic inventory control
• EOQ with supply disruptions under different advance information regimes

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