Newton Method for Determining the Optimal Replenishment Policy for Epq Model With Present Value
Yugoslav journal of operations research, Tome 18 (2008) no. 1, p. 53
Cet article a éte moissonné depuis la source eLibrary of Mathematical Institute of the Serbian Academy of Sciences and Arts
This paper is a response for the paper of Dohi, Kaio and Osaki, that was
published in RAIRO: Operations Research, 26, 1-14 (1992) for an EPQ model with
present value. The purpose of this paper is threefold. First, the convex and increasing
properties for the first derivative of the objective function are proved. Second, we apply
the Newton method to find the optimal cycle time. Third, we provide some numerical
examples to demonstrate that the Newton method is more efficient than the bisection
method.
Classification :
90B05
Keywords: Economic production quantity, inventory model, present value, Newton method.
Keywords: Economic production quantity, inventory model, present value, Newton method.
@article{YJOR_2008_18_1_a5,
author = {Jeff Kuo-Jung Wu and Hsui-Li Lei and Sung-Te Jung and Peter Chu},
title = {Newton {Method} for {Determining} the {Optimal} {Replenishment} {Policy} for {Epq} {Model} {With} {Present} {Value}},
journal = {Yugoslav journal of operations research},
pages = {53 },
year = {2008},
volume = {18},
number = {1},
zbl = {1183.90040},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2008_18_1_a5/}
}
TY - JOUR AU - Jeff Kuo-Jung Wu AU - Hsui-Li Lei AU - Sung-Te Jung AU - Peter Chu TI - Newton Method for Determining the Optimal Replenishment Policy for Epq Model With Present Value JO - Yugoslav journal of operations research PY - 2008 SP - 53 VL - 18 IS - 1 UR - http://geodesic.mathdoc.fr/item/YJOR_2008_18_1_a5/ LA - en ID - YJOR_2008_18_1_a5 ER -
%0 Journal Article %A Jeff Kuo-Jung Wu %A Hsui-Li Lei %A Sung-Te Jung %A Peter Chu %T Newton Method for Determining the Optimal Replenishment Policy for Epq Model With Present Value %J Yugoslav journal of operations research %D 2008 %P 53 %V 18 %N 1 %U http://geodesic.mathdoc.fr/item/YJOR_2008_18_1_a5/ %G en %F YJOR_2008_18_1_a5
Jeff Kuo-Jung Wu; Hsui-Li Lei; Sung-Te Jung; Peter Chu. Newton Method for Determining the Optimal Replenishment Policy for Epq Model With Present Value. Yugoslav journal of operations research, Tome 18 (2008) no. 1, p. 53 . http://geodesic.mathdoc.fr/item/YJOR_2008_18_1_a5/