Statements (26)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
inventory management model
|
| gptkbp:alsoKnownAs |
Economic Order Quantity model
|
| gptkbp:appliesTo |
inventory management
|
| gptkbp:assumes |
constant demand
constant lead time instantaneous replenishment no quantity discounts no stockouts |
| gptkbp:category |
operations management
supply chain management |
| gptkbp:D |
annual demand
|
| gptkbp:form |
EOQ = sqrt((2DS)/H)
|
| gptkbp:H |
annual holding cost per unit
|
| https://www.w3.org/2000/01/rdf-schema#label |
EOQ model
|
| gptkbp:introduced |
Ford W. Harris
|
| gptkbp:introducedIn |
1913
|
| gptkbp:reduces |
holding costs
ordering costs total inventory costs |
| gptkbp:relatedTo |
gptkb:ABC_analysis
just-in-time inventory reorder point |
| gptkbp:S |
ordering cost per order
|
| gptkbp:usedFor |
determining optimal order quantity
|
| gptkbp:bfsParent |
gptkb:Baumol–Tobin_model
|
| gptkbp:bfsLayer |
7
|