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Chinese Journal of Management Science ›› 2001, Vol. ›› Issue (4): 16-24.

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An Antithesis of Multi-Items Constrained EOQ Model

WAN Ke, YU Yu-gang   

  1. University of Science and Technology of China, Anhui Hefei 230026, China
  • Received:2001-01-23 Revised:2001-05-29 Online:2001-08-28 Published:2012-03-06

Abstract: The multi-items constrained EOQ model as described in numerous textbooks is based on unconstrained EOQ model subject to Kuhn-Tucker condition.We think that the solution from the model is not optimal in theory and practical in reality.This paper proves mathematically the theoretic errors of the current textbook model.

Key words: EOQ, inventory, inventory cost, Kuhn-Tucker condition

CLC Number: