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1. Verfasser: Willian Roach
Format: Artículo científico
Sprache:en
Veröffentlicht: Universidade FUMEC 2010
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Online-Zugang:https://www.redalyc.org/articulo.oa?id=194014448003
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author Willian Roach
author_facet Willian Roach
contents HIGH ECENTRICITY EOQ TOTAL COST FUNCTION YIELDS JIT RESULTS Willian Roach Administración y Contabilidad Eccentricity Perishable inventory Economic Order Quantity (EOQ) For perishable inventory, the holding cost H is much larger than anticipated by the classical economic order quantity (EOQ) formula, orders of magnitude larger. For perishable inventory, the EOQ total cost function is pointed rather than flat. This pointed-ness logically causes the EOQ model to yield just in time (JIT) - like results. The pointed-ness (eccentricity) of the EOQ total cost curve depends solely on holding cost H and not annual demand D or batch cost S. D and S determine the level of the TC curve but not the shape. 2010 artículo científico 1517-8900 https://www.redalyc.org/articulo.oa?id=194014448003 en http://www.redalyc.org/revista.oa?id=1940 Revista de Administração FACES Journal application/pdf Universidade FUMEC Revista de Administração FACES Journal (Brasil) Num.2 Vol.9
format Artículo científico
id redalyc_194014448003
language en
publishDate 2010
publisher Universidade FUMEC
spellingShingle HIGH ECENTRICITY EOQ TOTAL COST FUNCTION YIELDS JIT RESULTS
Willian Roach
Administración y Contabilidad
Eccentricity
Perishable inventory
Economic Order Quantity (EOQ)
HIGH ECENTRICITY EOQ TOTAL COST FUNCTION YIELDS JIT RESULTS Willian Roach Administración y Contabilidad Eccentricity Perishable inventory Economic Order Quantity (EOQ) For perishable inventory, the holding cost H is much larger than anticipated by the classical economic order quantity (EOQ) formula, orders of magnitude larger. For perishable inventory, the EOQ total cost function is pointed rather than flat. This pointed-ness logically causes the EOQ model to yield just in time (JIT) - like results. The pointed-ness (eccentricity) of the EOQ total cost curve depends solely on holding cost H and not annual demand D or batch cost S. D and S determine the level of the TC curve but not the shape. 2010 artículo científico 1517-8900 https://www.redalyc.org/articulo.oa?id=194014448003 en http://www.redalyc.org/revista.oa?id=1940 Revista de Administração FACES Journal application/pdf Universidade FUMEC Revista de Administração FACES Journal (Brasil) Num.2 Vol.9
title HIGH ECENTRICITY EOQ TOTAL COST FUNCTION YIELDS JIT RESULTS
topic Administración y Contabilidad
Eccentricity
Perishable inventory
Economic Order Quantity (EOQ)
url https://www.redalyc.org/articulo.oa?id=194014448003