Economic production quantity for profit maximization
作者:
T. C. E. CHENG,
期刊:
International Journal of Systems Science
(Taylor Available online 1990)
卷期:
Volume 21,
issue 9
页码: 1889-1894
ISSN:0020-7721
年代: 1990
DOI:10.1080/00207729008910507
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
In certain circumstances a relationship between unit contribution and producing output may exist in the classical economic production quantity (EPQ) production. We discuss an EPQ model with unit contribution dependent on production output and formulate the problem as signomial geometric problem (SPG) We show that a closed form optimal solution is readily obtainable for surch an SGP problem. We also illustrate that it is simple and easy to perform certain types of post-optimality sensitivity analysis on the optimal solution. An example is worked out in detail to demonstrate the viability of using geometric programming as an efficient solution method for dealing with a certain class of inventory optimization problems.
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