| Article ID: | iaor20022660 |
| Country: | China |
| Volume: | 24 |
| Issue: | 1 |
| Start Page Number: | 34 |
| End Page Number: | 37 |
| Publication Date: | Feb 2001 |
| Journal: | Journal of Zhejiang Normal University |
| Authors: | Ye Zongyu |
| Keywords: | economic order |
The author reports on research on inventory models in three cases: (1) All goods arrived at the same time, stockout is not permitted; (2) Goods arrived at different times, stockout is not permitted; (3) All goods arrived at the same time, stockout is permitted. In each of these three cases, a mathematical model was set up and the problem of the economic lot size and the minimum inventory costs could be solved.