Comments on a Simple Method to Compute Economic Order Quantities.
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| 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] |
| Copyright of IAENG International Journal of Applied Mathematics is the property of International Association of Engineers (IAENG) and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Engineering Source |
| FullText | Links: – Type: pdflink Text: Availability: 0 |
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| Header | DbId: egs DbLabel: Engineering Source An: 177132867 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Comments on a Simple Method to Compute Economic Order Quantities. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Te-Yuan+Chiang%22">Te-Yuan Chiang</searchLink><relatesTo>1</relatesTo><i> kelly4921@gmail.com</i><br /><searchLink fieldCode="AR" term="%22Liqiu+Zhou%22">Liqiu Zhou</searchLink><relatesTo>2</relatesTo><i> l.q.zhou@163.com</i><br /><searchLink fieldCode="AR" term="%22Zhigao+Luo%22">Zhigao Luo</searchLink><relatesTo>3</relatesTo><i> lzg9928@163.com</i><br /><searchLink fieldCode="AR" term="%22Hailin+Li%22">Hailin Li</searchLink><relatesTo>1</relatesTo><i> 420892066@qq.com</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22IAENG+International+Journal+of+Applied+Mathematics%22">IAENG International Journal of Applied Mathematics</searchLink>. May2024, Vol. 54 Issue 5, p851-858. 8p. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22Schwarz+inequality%22">Schwarz inequality</searchLink><br /><searchLink fieldCode="DE" term="%22Back+orders%22">Back orders</searchLink><br /><searchLink fieldCode="DE" term="%22Arithmetic+mean%22">Arithmetic mean</searchLink><br /><searchLink fieldCode="DE" term="%22Published+articles%22">Published articles</searchLink><br /><searchLink fieldCode="DE" term="%22Inventories%22">Inventories</searchLink><br /><searchLink fieldCode="DE" term="%22Shoulder%22">Shoulder</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: 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] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of IAENG International Journal of Applied Mathematics is the property of International Association of Engineers (IAENG) and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 8 StartPage: 851 Subjects: – SubjectFull: Schwarz inequality Type: general – SubjectFull: Back orders Type: general – SubjectFull: Arithmetic mean Type: general – SubjectFull: Published articles Type: general – SubjectFull: Inventories Type: general – SubjectFull: Shoulder Type: general Titles: – TitleFull: Comments on a Simple Method to Compute Economic Order Quantities. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Te-Yuan Chiang – PersonEntity: Name: NameFull: Liqiu Zhou – PersonEntity: Name: NameFull: Zhigao Luo – PersonEntity: Name: NameFull: Hailin Li IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 05 Text: May2024 Type: published Y: 2024 Identifiers: – Type: issn-print Value: 19929978 Numbering: – Type: volume Value: 54 – Type: issue Value: 5 Titles: – TitleFull: IAENG International Journal of Applied Mathematics Type: main |
| ResultId | 1 |
