| Article ID: | iaor19911456 |
| Country: | United Kingdom |
| Volume: | 41 |
| Issue: | 12 |
| Start Page Number: | 1169 |
| End Page Number: | 1170 |
| Publication Date: | Dec 1990 |
| Journal: | Journal of the Operational Research Society |
| Authors: | Goyal S.K., Gupta O.K. |
In this paper the authors consider the problem of determining the optimal purchase quantity when the supplier offers a discount on large purchases. They propose a simple approach which requires fewer EOQ calculations for determining the lot size.