‘A simulation analysis of ordering policies under inflationary conditions’: A critique

Mehra and Amini presented an inflation-adjusted economic order quantity that found order quantities were stable for a range of inflation rates. This stability was a consequence of an arbitrary planning horizon constraint. Presents a comparison of their simulation-based approach with a comparable but more simple model based on a continuous formulation. Mehra and Amini’s model is more complex, requires more work, and performs less well than the alternative. [see abstract 57182]