| Article ID: | iaor200970332 |
| Country: | India |
| Volume: | 30 |
| Issue: | 2 |
| Start Page Number: | 359 |
| End Page Number: | 365 |
| Publication Date: | Mar 2009 |
| Journal: | Journal of Information & Optimization Sciences |
| Authors: | Chung Kun-Jen, Lin Shy-Der |
| Keywords: | economic order |
Chung and Huang (2003) propose two theorems to characterize the optimal cycle for EPQ inventory model under permissible delay in payments. The main purpose of this paper is to aggregate those theorems into an unified easy-to-use method to locate the optimal solutions of the total relevant cost per unit time.