Adapting inventory models for handling various payment structures using net present value equivalence analysis
Classic inventory models use average cost functions. It is generally accepted that these models should account for the time value of money. They do so not by considering the timing of cash-flows, but by including opportunity costs. The Net Present Value (NPV) framework has long been used to compare...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
2014-11-03.
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Subjects: | |
Online Access: | Get fulltext |