Encyclopedia of Operations Research and Management Science

2001 Edition
| Editors: Saul I. Gass, Carl M. Harris

Economic order quantity model extensions

  • Benjamin Lev
Reference work entry
First Online:
DOI: https://doi.org/10.1007/1-4020-0611-X_269
How to cite
The classical EOQ (Economic Order Quantity) model has a long list of assumptions. We begin by assuming that the horizon of the process is infinite and that all parameters stay the same over time. Then the solution to the classical EOQ problem is Open image in new window
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References

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Copyright information

© Kluwer Academic Publishers 2001

Authors and Affiliations

  • Benjamin Lev
    • 1
  1. 1.University of MichiganDearbornUSA