Short comments on technical note–The EOQ and EPQ models with shortages derived without derivatives

Short comments on technical note–The EOQ and EPQ models with shortages derived without derivatives

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Article ID: iaor201526912
Volume: 97
Issue: 2
Start Page Number: 241
End Page Number: 243
Publication Date: Aug 2005
Journal: International Journal of Production Economics
Authors: , ,
Keywords: economics
Abstract:

We study the paper of Ronald, Yang and Chu that was recently published in the International Journal of Production Economics 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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