A NOTE ON HOLDING COSTS AND LOT‐SIZE ERRORS
研究了当持有成本是平均库存的严格递增函数时,基本经济订货批量模型对批量误差的敏感性,发现误差代价不仅取决于误差大小,还取决于持有成本曲线的形状。
ABSTRACT This note examines the sensitivity of the basic economic‐order‐quantity inventory model to lot‐size errors when holding costs are assumed to be a strictly increasing (though not necessarily linear) function of average inventory. In particular, we show that the penalty associated with ordering either too much or too little is a function not only of the size of the error but of the shape of the holding‐cost curve as well. We demonstrate that, under certain conditions, even relatively small lot‐size errors can be extremely costly.