Article ID: | iaor2001133 |
Country: | Netherlands |
Volume: | 121 |
Issue: | 1 |
Start Page Number: | 175 |
End Page Number: | 178 |
Publication Date: | Feb 2000 |
Journal: | European Journal of Operational Research |
Authors: | Goyal Suresh K., Nebebe Fassil |
Keywords: | economic order |
This paper considers the problem of determining economic production and shipment policy of a product supplied by a vendor to a single buyer. The objective is to minimise the total joint annual costs incurred by the vendor and the buyer.