| Article ID: | iaor1996448 |
| Country: | Netherlands |
| Volume: | 59 |
| Issue: | 3 |
| Start Page Number: | 434 |
| End Page Number: | 443 |
| Publication Date: | Jun 1992 |
| Journal: | European Journal of Operational Research |
| Authors: | Chao Hung-po |
| Keywords: | economic order |
The paper generalizes Bather’s EOQ model with stochastic demand to the case with discounting. It considers two cases: one with and one without demand backlogging. Important implications of discounting are investigated. Useful insights and formulas are provided.