An EOQ model for multiple products with varying degrees of substitutability
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Abstract
Suggested Citation
DOI: 10.5018/economics-ejournal.ja.2019-30
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References listed on IDEAS
- Ye, Taofeng, 2014. "Inventory management with simultaneously horizontal and vertical substitution," International Journal of Production Economics, Elsevier, vol. 156(C), pages 316-324.
- Zhao, Jing & Wei, Jie & Li, Yongjian, 2014. "Pricing decisions for substitutable products in a two-echelon supply chain with firms׳ different channel powers," International Journal of Production Economics, Elsevier, vol. 153(C), pages 243-252.
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Cited by:
- Tianming Gao & Vasilii Erokhin & Aleksandr Arskiy, 2019. "Dynamic Optimization of Fuel and Logistics Costs as a Tool in Pursuing Economic Sustainability of a Farm," Sustainability, MDPI, vol. 11(19), pages 1-16, October.
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More about this item
Keywords
economic order quantity (EOQ); optimization; substitute products; dependency factor; reorder point;All these keywords.
JEL classification:
- C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
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