Determining economic replenishment intervals for linear trend in demand

Determining economic replenishment intervals for linear trend in demand

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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:
Abstract:

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.

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