An Economic Order Quantity model with partial backordering and all-units discount

作者：Taleizadeha Ata Allah^*; Pentico David W

来源：International Journal of Production Economics, 2014, 155: 172-184.

DOI：10.1016/j.ijpe.2014.01.012

• Inventory
• Pricing
• EOQ
• Full backordering
• Partial backordering
• All-units discount
• Price

The classic Economic Order Quantity model assumes that the unit purchasing cost is not based on the order quantity. In practice, a supplier may offer purchasers an all-units discount. We develop a model and solution procedure for the EOQ with all-unit discounts and partial backordering at a constant rate. We show, and illustrate with a numerical example, how that model can be used to find the solution for the EOQ with discount and full backordering. A multi-factor experiment is used to gain insights into the improvement in performance of the proposed procedure relative to using the basic EOQ or the EOQ with full backordering and to identify the model parameters that have the greatest impact on the model%26apos;s performance.

• 出版日期2014-9