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A I I E Transactions Volume 13, 1981 - Issue 4
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Technical Note

EOQ Formula under Varying Marketing Policies and Conditions

E. Sankara Subramanyam Agutchand Manmull Jain College, Madras, 600 061, India
&
S. Kumaraswamy Alagappa Chettiar College of Technology, Madras, 600 025, India
Pages 312-314 | Received 01 Dec 1980, Published online: 06 Jul 2007
 
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Abstract

This note deals with a method of arriving at an EOQ formula taking into account the effect of varying marketing policies and conditions on the demand and the possibility of a random fraction of the ordered items getting damaged. Two special cases are considered wherein explicit expressions for the EOQ are given.

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