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A Multi-product model considering holding and purchasing Costs as an increasing function of order cycle time

Mahnaz Afrasiyabi; Ahmad Sadeghi

Volume 15, Issue 44 , April 2017, , Pages 187-208

https://doi.org/10.22054/jims.2016.7342

Abstract
  In this paper classical inventory models, EOQ and EPQ, are developed considering holding and purchasing costs as an increasing continuous function of the ordering cycle time. Two models are presented: first one is economic order quantity and the second one is economic production quantity. Both models ...  Read More