| Article ID: | iaor199162 |
| Country: | South Korea |
| Volume: | 15 |
| Issue: | 1 |
| Start Page Number: | 17 |
| End Page Number: | 21 |
| Publication Date: | Jun 1989 |
| Journal: | Journal of the Korean Institute of Industrial Engineers |
| Authors: | Kim K. |
The problem to determine Economic Order Quantity (EOQ) occurs when price discounts or uncharged additions are offered for the purchase in the unit of package. It is found that the annual inventory cost needs to be evaluated for at most three alternative order sizes to find EOQ, which is easier than the case of all-unit or incremental quantity discount. Numerical examples are presented. [In Korean.]