| Article ID: | iaor1988224 |
| Country: | India |
| Volume: | 9 |
| Issue: | 3 |
| Start Page Number: | 421 |
| End Page Number: | 426 |
| Publication Date: | Sep 1988 |
| Journal: | Journal of Information & Optimization Sciences |
| Authors: | Chitgopekar N. |
| Keywords: | finance & banking |
This paper points out an interesting result relating to the total cost of the optimal policy for several EOQ models used in inventory control analysis. It is observed that the same simple result holds true for all these models. As such, it should prove quite useful not only to students of inventory models but also to practitioners.