AN ECONOMIC PRODUCTION LOT SIZE FOR CONTINUOUS DECREASE IN UNIT PRODUCTION COST

DOI10.1142/S0217595908001948MaRDI QIDQ3607428zbMATH OpenOpenAlexFDO

Authors B. C. Ouyang, H. Rau

Publication date 2 March 2009

Published in Asia-Pacific Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1142/s0217595908001948

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25) Inventory, storage, reservoirs (90B05) Production models (90B30)

Recommendations

• Deterministic economic production quantity models with time-varying demand and cost
• The economic production and pricing model with lot-size-dependent production cost
• Optimal pricing and replenishment policy in a declining price sensitive environment under continuous unit cost decrease
• Optimal batch production strategies under continuous price decrease and time discounting
• An optimal solution for economic production quantity models with deteriorating items and time-varying production cost

Cites work

• Deterministic economic order quantity models with partial backlogging when demand and cost are fluctuating with time
• Deterministic economic production quantity models with time-varying demand and cost
• Deterministic inventory lot-size models with shortages for fluctuating demand and unit purchase cost
• Inventory Models with Cost Changes
• On the Finite Horizon EOQ Model with Cost Changes
• One time only incentives and inventory policies
• Optimal Ordering Strategies for Announced Price Increases
• The optimality of myopic stocking policies for systems with decreasing purchasing prices

Cited in

(3)

• Deterministic economic production quantity models with time-varying demand and cost
• THE EFFECTS OF INFLATION AND TIME VALUE OF MONEY ON A PRODUCTION MODEL WITH A RANDOM PRODUCT LIFE CYCLE
• Optimal batch production strategies under continuous price decrease and time discounting

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