EOQ holds under stochastic demand, a technical note

DOI10.1016/j.apm.2016.12.026zbMath1446.90022OpenAlexW2564222655MaRDI QIDQ2290114

Bacel Maddah, Nazim Noueihed

Publication date: 27 January 2020

Published in: Applied Mathematical Modelling (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.apm.2016.12.026

zbMATH Keywords

EOQstochastic demandinventory management

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Mathematical modeling or simulation for problems pertaining to operations research and mathematical programming (90-10)

Related Items (4)

Unnamed Item ⋮ Learning-by-doing may not be enough to sustain competitiveness in a market ⋮ EES-EOQ model with uncertain acquisition quantity and market demand in dedicated or combined remanufacturing systems ⋮ Optimal policy for multi-item systems with stochastic demands, backlogged shortages and limited storage capacity

Cites Work

• Unnamed Item
• Unnamed Item
• Approximated closed-form minimum-cost solution to the \((r, q)\) policy with complete backordering and further developments
• New Bounds and Heuristics for (Q, r) Policies
• On Properties of Stochastic Inventory Systems
• Using the Deterministic EOQ Formula in Stochastic Inventory Control
• A probabilistic approach for traditional EOQ model

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