DETERMINING ECONOMIC REPLENISHMENT INTERVALS FOR LINEAR TREND IN DEMAND

Authors
GOYAL SK
Citation
Sk. Goyal, DETERMINING ECONOMIC REPLENISHMENT INTERVALS FOR LINEAR TREND IN DEMAND, International journal of production economics, 34(1), 1994, pp. 115-117
Citations number
NO
Categorie Soggetti
Engineering
Journal title
International journal of production economics → ACNP
ISSN journal
09255273
Volume
34
Issue
1
Year of publication
1994
Pages
115 - 117
Database
ISI
SICI code
0925-5273(1994)34:1<115:DERIFL>2.0.ZU;2-R
Abstract
In this note a simple method is given for determining economic repleni shments of an item having linear trend in demand. The method requires solution of only one cubic equation for the first replenishment. Each subsequent replenishment interval requires solution of a quadratic equ ation. An example is given to illustrate the method.