Vietnam Journal of Mathematics 33:4 (2005)
437-442
A Stochastic EOQ Policy of Cold-Drink-For a
Retailer
Shib Sankar Sana
and Kripasindhu Chaudhuri
Abstract. This paper extends a stochastic EOQ
(economic order quantity) model both for discrete and continuous
distribution of demands of cold-drink. A general characterization of the
optimal inventory policy is developed analytically. An optimal solution is
obtained with proper numerical illustration.
Established
by Vietnam Academy of Science and Technology & Vietnam Mathematical
Society