Bibliographic Details
| Title: |
Comments on a Simple Method to Compute Economic Order Quantities. |
| Authors: |
Te-Yuan Chiang1 kelly4921@gmail.com, Liqiu Zhou2 l.q.zhou@163.com, Zhigao Luo3 lzg9928@163.com, Hailin Li1 420892066@qq.com |
| Source: |
IAENG International Journal of Applied Mathematics. May2024, Vol. 54 Issue 5, p851-858. 8p. |
| Subjects: |
Schwarz inequality, Back orders, Arithmetic mean, Published articles, Inventories, Shoulder |
| Abstract: |
This study examines several papers to study inventory models with back orders to provide a simpler solution procedure for EOQ/EPQ inventory models by using Arithmetic Geometric Mean inequality or Cauchy Bunyakovsky Schwarz inequality. We will point out that a paper implicitly adopted the fill rate from a published article without proper citation to convert two-variable minimum problems into one-variable problems. Hence, his simpler solution procedure is standing on the shoulder of a giant. We also provide detailed examinations for other three related papers that was related to our studied article to point out their contributions and questionable results. [ABSTRACT FROM AUTHOR] |
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| Database: |
Engineering Source |
