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Journal of the Operational Research Society Volume 36, 1985 - Issue 8
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Technical Note

Stock Replenishment Quantities for Unbounded Linear Increasing Demand: An Interesting Consequence of the Optimal Policy

Eric RitchieDepartment of Operational ResearchUniversity of Lancaster
&
Aaron TsadoDepartment of Operational ResearchUniversity of Lancaster
Pages 737-739 | Published online: 20 Dec 2017
 
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Abstract

This paper shows that, with the exception of the first lot quantity, the E.O.Q. can be used for determining replenishment quantities, when demand is increasing linearly, with little cost penalty.

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