Article ID: | iaor199056 |
Country: | United States |
Volume: | 27 |
Start Page Number: | 119 |
End Page Number: | 127 |
Publication Date: | Mar 1986 |
Journal: | Production and Inventory Management Journal |
Authors: | Bigham Paul |
An easily programmed method to deal with EOQs with increasing ordering costs as a function of order size is described. An example for verification of the method is presented, as well as a letter confirming savings of 20% over previous policies at a corporation.