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A NOTE ON THE OPTIMAL CYCLE LENGTH WITH A RANDOM PLANNING HORIZON

 

作者: KUN-JEN CHUNG,   SHY-DER LIN,  

 

期刊: The Engineering Economist  （Taylor Available online 1995）
卷期: Volume 40, issue 4  

页码: 385-392

 

ISSN:0013-791X

 

年代: 1995

 

DOI:10.1080/00137919508903162

 

出版商: Taylor & Francis Group

 

数据来源: Taylor

 

摘要:

In 1993, Moon and Yun studied the economic order quantity model with a random planning horizon. They adopted the discounted cash flow to fully recognize the time value of money in determining the optimal cycle length. In this paper, we first derive bounds for the optimal cycle length. With those bounds, the algorithm of Moon and Yun can be simplified.

 

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