The Economic Order Quantity (EOQ) inventory model first appeared in
1913, and in its centennial, it is still one of the most important
inventory models. Despite the abundance of both classical and new
research results, there was (until now) no comprehensive reference
source that provides the state-of-the-art findings on both
theoretical and applied research on the EOQ and its related models.
This edited handbook puts together all these interesting works and
the respective insights into an edited volume. The handbook
contains papers which explore both the deterministic and the
stochastic EOQ-model based problems and applications. It is
organized into three parts: Part I presents three papers that
provide an introduction and review of various EOQ related models.
Part II includes four technical analyses on single-echelon
EOQ-model based inventory problems. Part III consists of five
papers on applications of the EOQ model for multi-echelon supply
chain inventory analysis.
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