Economic Order Quantities with Inflation

作者: J. A. Buzacott

DOI: 10.1057/JORS.1975.113

关键词: Production (economics)Order (business)Constant (mathematics)EconometricsOperations researchRelevant costEconomicsDouble ticketingEconomic order quantityInflationInvestment (macroeconomics)

摘要: The classical EOQ formula assumes that all relevant costs and prices are constant. In this paper it is shown with inflation the choice of inventory carrying charge used in depends on company's pricing policy. If change independently replenishment order timing should be low independent rate. However, when no "double ticketing" permitted company uses a constant percentage mark up high rate mark-up. Only if allowed fixed monetary margin result for valid.

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