Multi-item EOQ inventory model with varying holding cost under two restrictions: A geometric programming approach

Faculty Science Year: 1997
Type of Publication: Article Pages: 608-611
Authors:
AbouElAta, MO, Kotb, KAM
DOI: 10.1080/095372897234948
Journal: PRODUCTION PLANNING \& CONTROL TAYLOR \& FRANCIS LTD Volume: 8
Research Area: Engineering; Operations Research \& Management Science ISSN ISI:A1997XN10400010
Keywords : storage/production model, varying holding cost, multiple item, geometric programming    
Abstract:
In this paper we provide a simple method to determine the inventory policy of multiple items having varying holding cost using a geometric programming approach. The varying holding cost is considered to be a continuous function of the order quantity. The EOQ inventory model with constant holding cost and the classical EOQ inventory model without constraints are derived.
    
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