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Economic order quantity

Known as: Wilson Model, EOQ equation, EOQ 
In corporate finance, economic order quantity (EOQ) is the order quantity that minimizes the total holding costs and ordering costs. It is one of the… Expand
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Highly Cited
2010
Highly Cited
2010
The economic order quantity (EOQ) model is the simplest and earliest inventory model in the literature. Its simple mathematics is… Expand
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Highly Cited
2009
Highly Cited
2009
To attract more sales suppliers frequently offer a permissible delay in payments if the retailer orders more than or equal to a… Expand
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Highly Cited
2009
Highly Cited
2009
In traditional inventory models such as the economic order quantity (EOQ) and the economic production quantity (EPQ) the sole… Expand
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Highly Cited
2007
Highly Cited
2007
Abstract The fundamental assumption of an economic order quantity (EOQ) model is that 100% of items in an ordered lot are perfect… Expand
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Highly Cited
2007
Highly Cited
2007
Abstract Within the economic order quantity (EOQ) framework, the main purpose of this paper is to investigate the retailer’s… Expand
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Highly Cited
2004
Highly Cited
2004
(This article originally appeared in Management Science, October 1958, Volume 5, Number 1, pp. 89-96, published by The Institute… Expand
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Highly Cited
2004
Highly Cited
2004
This paper deals with the problem of determining the economic order quantity for exponentially deteriorating items under the… Expand
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Highly Cited
2003
Highly Cited
2003
A single-item single-period Economic Order Quantity model for deteriorating items with a ramp-type demand and Weibull… Expand
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Highly Cited
1987
Highly Cited
1987
  • K. S. Park
  • IEEE Transactions on Systems, Man, and…
  • 1987
  • Corpus ID: 31144825
Although the economic order quantity (EOQ) formula is probably one of the most famous formulas in the industrial management field… Expand
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Highly Cited
1985
Highly Cited
1985
In this paper, mathematical models have been derived for obtaining the economic order quantity for an item for which the supplier… Expand
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