A New Model for Determining the EOQ under Changing Price Parameters and Reordering Time

The present study deals with the modification of Wilson’s formulation by taking into account changes in the supply chain represented by the parameters of the model, namely varying delivery costs and price of goods stored. The four different models are presented. The proposed models avoid the main dr...

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Bibliographic Details
Main Authors: Tetyana Nestorenko, Mangirdas Morkunas, Jana Peliova, Artiom Volkov, Tomas Balezentis, Dalia Streimkiene
Format: Article
Language:English
Published: MDPI AG 2020-09-01
Series:Symmetry
Subjects:
EOQ
Online Access:https://www.mdpi.com/2073-8994/12/9/1512