Short comments on technical note – The economic order quantity and economic production quantity models with shortages derived without derivatives

Short comments on technical note – The economic order quantity and economic production quantity models with shortages derived without derivatives

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Article ID: iaor20053018
Country: Netherlands
Volume: 97
Issue: 2
Start Page Number: 241
End Page Number: 243
Publication Date: Jan 2005
Journal: International Journal of Production Economics
Authors: , ,
Keywords: economic order
Abstract:

We study the paper of Ronald, Yang and Chu that was recently published in the IJPE (abstract no. 90997) to find the optimal solution for the EOQ and EPQ models without derivatives. We will offer a simple algebraic method to replace their sophisticated algebraic skill, and then we point out a possible direction for further research.

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