Article ID: | iaor19942119 |
Country: | Netherlands |
Volume: | 34 |
Issue: | 1 |
Start Page Number: | 115 |
End Page Number: | 117 |
Publication Date: | Feb 1994 |
Journal: | International Journal of Production Economics |
Authors: | Goyal S.K. |
In this note a simple method is given for determining economic replenishments of an item having linear trend in demand. The method requires solution of only one cubic equation for the first replenishment. Each subsequent replenishment interval requires solution of a quadratic equation. An example is given to illustrate the method.