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Ebook: Handbook of EOQ Inventory Problems: Stochastic and Deterministic Models and Applications

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27.01.2024
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The Economic Order Quantity (EOQ) inventory model first appeared in 1913, and in its centennial, it is still one of the most important inventory models. Despite the abundance of both classical and new research results, there was (until now) no comprehensive reference source that provides the state-of-the-art findings on both theoretical and applied research on the EOQ and its related models. This edited handbook puts together all these interesting works and the respective insights into an edited volume.

The handbook contains papers which explore both the deterministic and the stochastic EOQ-model based problems and applications. It is organized into three parts: Part I presents three papers that provide an introduction and review of various EOQ related models. Part II includes four technical analyses on single-echelon EOQ-model based inventory problems. Part III consists of five papers on applications of the EOQ model for multi-echelon supply chain inventory analysis.




The Economic Order Quantity (EOQ) inventory model first appeared in 1913, and in its centennial, it is still one of the most important inventory models. Despite the abundance of both classical and new research results, there was (until now) no comprehensive reference source that provides the state-of-the-art findings on both theoretical and applied research on the EOQ and its related models. This edited handbook puts together all these interesting works and the respective insights into an edited volume.

The handbook contains papers which explore both the deterministic and the stochastic EOQ-model based problems and applications. It is organized into three parts: Part I presents three papers that provide an introduction and review of various EOQ related models. Part II includes four technical analyses on single-echelon EOQ-model based inventory problems. Part III consists of five papers on applications of the EOQ model for multi-echelon supply chain inventory analysis.




The Economic Order Quantity (EOQ) inventory model first appeared in 1913, and in its centennial, it is still one of the most important inventory models. Despite the abundance of both classical and new research results, there was (until now) no comprehensive reference source that provides the state-of-the-art findings on both theoretical and applied research on the EOQ and its related models. This edited handbook puts together all these interesting works and the respective insights into an edited volume.

The handbook contains papers which explore both the deterministic and the stochastic EOQ-model based problems and applications. It is organized into three parts: Part I presents three papers that provide an introduction and review of various EOQ related models. Part II includes four technical analyses on single-echelon EOQ-model based inventory problems. Part III consists of five papers on applications of the EOQ model for multi-echelon supply chain inventory analysis.


Content:
Front Matter....Pages i-x
Front Matter....Pages 1-1
A Century of the EOQ....Pages 3-22
Multi-Period Lot-Sizing with Stationary Demand: Extension to Forecast Horizons....Pages 23-42
EOQ Models with Supply Disruptions....Pages 43-55
Front Matter....Pages 57-57
Existence of EOQ and its Evaluation: Some Cases of Stock Blow Down Dynamics Depending on its Level....Pages 59-78
Generalizing the Ordering Cost and Holding-Backlog Cost Rate Functions in EOQ-Type Inventory Models....Pages 79-119
Economic and Environmental Performance of the Firm: Synergy or Trade-Off? Insights from the EOQ Model....Pages 121-137
EOQ Models with Two Modes of Freight Transportation and All-Units Quantity Discounts....Pages 139-153
Front Matter....Pages 155-155
An EOQ-Based Spare Parts Network Design....Pages 157-177
Supply Chain Coordination with Energy Price Uncertainty, Carbon Emission Cost, and Product Return....Pages 179-199
Coordinating a Supply Chain with an EOQ Model....Pages 201-220
The Utility of EOQ in Supply Chain Design and Operation....Pages 221-245
Modeling a Coordinated Manufacturer–Buyer Single-Item System Under Vendor-Managed Inventory ....Pages 247-278
Back Matter....Pages 279-281
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