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TECHNICAL NOTE A MODIFIED EOQ MODEL WITH TEMPORARY SALE PRICE DERIVED WITHOUT DERIVATIVES
Authors:H.M. WEE  S.L. CHUNG  P.C. YANG
Affiliation:1. Chung Yuan Christian University , TAIWAN, ROC;2. St. John's &3. St. Mary's Institute of Technology , TAIWAN, R.O.C
Abstract:
Most previous works applied differential calculus to derive optimal solutions for economic ordering policy. The formulations are suggested in this short note to show that optimal solutions can be derived algebraically without using differential calculus to treat the EOQ model with a temporary sale price.
Keywords:
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