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확률적 제품수명주기를 갖는 경제적주문량모형에 인플레이션과 돈의 시간적 가치가 미치는 영향
문일경,이수연 한국경영과학회 1998 한국경영과학회 학술대회논문집 Vol.- No.1
The Economic Order Quantity (EOQ) model and its variations have received a lot of attention by researchers for a long time. Recently, there has been an investigation into an EOQ model with a random product life cycle and the concept of time-value of money. This paper extends the previous research in three areas. First, we investigate the impact of inflation on the choice of replenishment quantities. Second, the unit purchasing cost, which has been inadvertently omitted in the previous research, is included in the objective function to properly model the problem. Third, we consider the normal distribution as a product life cycle in addition to the exponential distribution.