ECONOMIC ORDER QUANTITIES WITH QUANTITY DISCOUNTS: GRANDMA DOES IT BEST
检验了Kuzdrall和Britney提出的数量折扣下最优订货量新算法，质疑其声称优于传统方法的说法。
ABSTRACT We examine a new algorithm developed by Kuzdrall and Britney [5] for locating the optimal order quantity in the presence of quantity discounts. Their algorithm, based on a model for the supplier's formulation of the price schedule, involves a regression analysis to identify the supplier's variable cost per unit and the fixed cost that the supplier seeks to recover, followed by an iterative search for the optimum. The authors describe this method as a “convenient alternative to the aimless searching of traditional approaches” [5, p. 101]. We examine the allegation of superiority of their total setup lot‐sizing model over the classical method and dispute their claim of superiority.