A note on the optimal EOQ for announced, price increases in the infinite horizon

成果类型:
Article
署名作者:
Lim, A; Rodrigues, B
署名单位:
Hong Kong University of Science & Technology; Singapore Management University
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.1040.0186
发表日期:
2005
页码:
731-732
关键词:
摘要:
Huang et al. (2003) used the Cesaro limit of a savings function to determine the optimal special order in an EOQ model with single announced price increases over an infinite horizon. In this note, we point out that the savings function is not Cesaro summable. More importantly, no limiting argument for the cost function d(t, Q(s)) as t -> infinity is necessary at all given that this function is periodic for which it suffices to optimize the integral of the function over any given period.