Developing a calculation model of economic order quantity considering stock out

Rate this item
(0 votes)

MAGAZINE  №1 (60) February 2014

AUTHOR  LUKINSKIY V.S., LUKINSKIY V.V., MAYEVSKIY A.G.

CATEGORY  Inventory management Optimization and economic-mathematical modeling 

ABSTRACT

The article discusses some issues related to determining optimal values of the model parameters given the EOQ stock-out; model variants presented in literature are critically analyzed; a revised version of the most common model of the so-called "pent-up demand" is proposed; in addition, two new models - "with additional supply" and "loss of customers" are developed. Calculation examples for all three types of models are presented. 

 Keywords:  

Read 3450 times

Contacts

Postal address:

125 319  Chernуakhovskogo str.16