A simple approach to the discount purchase problem

A simple approach to the discount purchase problem

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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: ,
Abstract:

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.

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