| Article ID: | iaor198858 |
| Country: | Belgium |
| Volume: | 30 |
| Start Page Number: | 65 |
| End Page Number: | 68 |
| Publication Date: | Dec 1988 |
| Journal: | Cahiers du Centre d'tudes de Recherche Oprationnelle |
| Authors: | Goyal S.K. |
| Keywords: | economic order |
A mathematical model is given for determining the economic ordering policy for an item which is required over a finite time period and back ordering of planned shortages is permitted. An example is given to illustrate the method.