A MULTIPRODUCT EOQ MODEL WITH PRICING CONSIDERATION - CHENG,T.C.E. MODEL REVISITED

被引:9
作者
CHEN, CK [1 ]
MIN, KJ [1 ]
机构
[1] IOWA STATE UNIV SCI & TECHNOL,DEPT IMSE,205 ENGN ANNEX,AMES,IA 50011
关键词
D O I
10.1016/0360-8352(94)90013-2
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
We present two major revisions/corrections regarding a recent paper by T. C. E. Cheng [Computers ind. Engng 18, 529-534 (1990)]. Firstly, we note that a critical assumption of equal replenishment cycle length for all products is stated, but not incorporated into the mathematical formulation in Cheng. In this paper, we re-formulate the problem with equal replenishment cycle length incorporated and derive the corresponding Kuhn-Tucker optimally conditions. Next, under linear demand assumption, we show that the closed-form solutions provided by Cheng may result in non-optimal solutions. The reason is that Cheng failed to derive conditions under which closed-form solutions may be optimal. In this paper, by employing trigonometric methods {see e.g. Chap. 2 of Griffiths [Introduction of the Theory of Equations. Wiley, New York (1945).] or Appendix of Porteus [Mgmt Sci. 31, 998-1010 (1985)]{, we derive an optimal closed-form solution that is unique and obtain conditions under which the optimal closed-form solution is valid.
引用
收藏
页码:787 / 794
页数:8
相关论文
共 7 条