A note on optimal ordering policies of EOQ model under discount of purchase price or increase of setup cost

DOI10.1080/09720510.2007.10701274MaRDI QIDQ5455281zbMATH OpenOpenAlexFDO

Authors Jui-Jung Liao, Kun-Jen Chung

Publication date 3 April 2008

Published in Journal of Statistics and Management Systems (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/09720510.2007.10701274

zbMATH Keywords

EOQ-modelinventorypurchase unit pricequantity discount

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Management decision making, including multiple objectives (90B50)

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• Volume discount decisions: Wealth maximization or EOQ approach?

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