EOQ


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EOQ

(Economic Order Quantity) The most economical quantity of a product that should be purchased at one time. The EOQ is based on all associated costs for ordering and maintaining the product.
References in periodicals archive ?
Considering this demand proportion in the EOQ model, the total inventory cost at higher-level facilities is
Wu, "An EOQ inventory model for items with Weibull distribution deterioration, ramp type demand rate and partial backlogging," Production Planning & Control, vol 12, no.
More importantly, the EOQ implicitly assumes that management can easily determine the costs of ordering and holding inventory.
Emotional eating measured with EOQ presurgery, predicted satisfaction with life, measured with SWLS measured at 2 years follow-up ([F.
El articulo "Optimal inventory policies for profit maximizing EOQ models under various costfunctions", establece y analiza tres modelos EOQ basados en el inventario en virtud de la maximizacion de los beneficios a traves de tecnicas geometricas de programacion (GP) y encuentra un orden optimo de cantidad y precio para cada uno de estos modelos al considerar la produccion (tamano de lote), y la comercializacion de las decisiones (precios).
The problems of including fixed ordering costs and including an average cost in the EOQ calculation, are demonstrated in the following example.
Mojibi and Rezaei Nosrati (2009), in their studies of Mazandaran Wood industries concluded that EOQ model can be used to reduce costs.
Los modelos utilizados fueron EOQ con stock de seguridad, EOQ basico, Wagner-Whitin, Silver-Meal, Costo unitario minimo, Balanceo de periodo fragmentado, Inventario base y Lote a lote.
A present value formulation of the classical EOQ problem, Decision Science 5: 30-35.
Nevertheless, the EOQ has restrictions when using the assumptions of fixed and predictable demand, as well as instant supplies when applying for replacement inventory (Slack et al.
Con esta informacion se hacen los calculos del costo del inventario aplicando los 6 modelos antes mencionados: EOQ, USL, MH, SM, WW y S.
Despite that, the EOQ has restrictions when using the assumptions of fixed and predictable demand, as well as instant deliveries when requested the stock replenishment (SLACK et al.