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"A note on the economic lot size of the integrated vendor-buyer inventory system derived without derivatives": A comment

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  • Chung, Kun-Jen

Abstract

Wee and Chung [Wee, H.M., Chung, C.T., 2007. A note on the economic lot size of the integrated vendor-buyer inventory system derived without derivatives. European Journal of Operational Research 177, 1289-1293] use the complete squares method to locate the optimal solution of the integrated system's total cost TC(Q, B, n). However, their algebra method has shortcomings such that it may be invalid. The main purpose of this paper is to overcome those shortcomings and present complete proofs for Wee and Chung (2007).

Suggested Citation

  • Chung, Kun-Jen, 2009. ""A note on the economic lot size of the integrated vendor-buyer inventory system derived without derivatives": A comment," European Journal of Operational Research, Elsevier, vol. 198(3), pages 979-982, November.
    • Handle: RePEc:eee:ejores:v:198:y:2009:i:3:p:979-982
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    References listed on IDEAS

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    1. Jason Chang, S.K. & Chuang, Jones P.C. & Chen, Hsiao-Jung, 2005. "Short comments on technical note--The EOQ and EPQ models with shortages derived without derivatives," International Journal of Production Economics, Elsevier, vol. 97(2), pages 241-243, August.
    2. Wee, Hui Ming & Chung, Chun Jen, 2007. "A note on the economic lot size of the integrated vendor-buyer inventory system derived without derivatives," European Journal of Operational Research, Elsevier, vol. 177(2), pages 1289-1293, March.
    3. Ronald, Robert & Yang, Gino K. & Chu, Peter, 2004. "Technical note: The EOQ and EPQ models with shortages derived without derivatives," International Journal of Production Economics, Elsevier, vol. 92(2), pages 197-200, November.
    4. Cardenas-Barron, Leopoldo Eduardo, 2001. "The economic production quantity (EPQ) with shortage derived algebraically," International Journal of Production Economics, Elsevier, vol. 70(3), pages 289-292, April.
    5. Minner, Stefan, 2007. "A note on how to compute economic order quantities without derivatives by cost comparisons," International Journal of Production Economics, Elsevier, vol. 105(1), pages 293-296, January.
    6. Grubbstrom, Robert W. & Erdem, Asli, 1999. "The EOQ with backlogging derived without derivatives," International Journal of Production Economics, Elsevier, vol. 59(1-3), pages 529-530, March.
    7. Sphicas, Georghios P., 2006. "EOQ and EPQ with linear and fixed backorder costs: Two cases identified and models analyzed without calculus," International Journal of Production Economics, Elsevier, vol. 100(1), pages 59-64, March.
    Full references (including those not matched with items on IDEAS)

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