Article ID: | iaor199043 |
Country: | United States |
Volume: | 27 |
Start Page Number: | 39 |
End Page Number: | 46 |
Publication Date: | Mar 1986 |
Journal: | Production and Inventory Management Journal |
Authors: | Osteryoung Jerome S., Nosari Eldon, McCarty Daniel E., Reinhart Walter J. |
This article is an evaluation conducted by survey of the critical assumptions of the EOQ model used in inventory analysis. The results of the analysis clearly show that the majority of assumptions necessary to make this model operational are not valid.