The economic production quantity ( EPQ ) with shortage derived algebraically

@inproceedings{Ca2015TheEP,
  title={The economic production quantity ( EPQ ) with shortage derived algebraically},
  author={Leopoldo Eduardo Ca and rdenas-Barro},
  year={2015}
}
  • Leopoldo Eduardo Ca, rdenas-Barro
  • Published 2015
Previously, in several papers and textbooks, the classical economic order quantity (EOQ) and the economic production quantity (EPQ) formulas for the shortage case, have been derived using di!erential calculus and solving two simultaneous equations (derived from setting the two "rst partial derivatives to zero) with the need to prove optimality conditions… CONTINUE READING