A simple procedure for price break models |
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| Authors: | S K GOYAL |
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| Institution: | 1. Department of Decision Sciences &2. M.I.S , Concordia University , 1455 de Maisonncuve Blvd West, Montreal, Quebec, H3G 1M8, Canada |
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| Abstract: | This note deals with the problem of determining the economic order quantity of an inventory item having quantity discounts. A simple procedure is suggested which very often reduces the number of computations required for obtaining the economic operating policy. |
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| Keywords: | economic order quantity quantity discounts total annual cost |
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