EOQd: EOQ model with discounts (All units with the same discount)

In sidoruvigo/EOQd: EOQ Model With and Without Discounts

Description

This function provides an EOQ with discounts where the units purchased have the same reduction in price.

Usage

EOQd(l, k, I, q, dis, c)

Arguments

l	Demand of the product (per unit of time).
k	Preparation cost (per order).
I	Storage cost (per article).
q	Product quantities where the price changes (Vector of quantities within the discounts given in 'dis' are applied).
dis	Vector of discounts.
c	Orginal price of the product. (Price of the product without any discount)

Details

This function implements the deterministic EOQ (Economic Order Quantity) model with discounts where the units purchased have the same reduction in price.

Value

A list containing:

• Q: Optimal order quantity.

• Z: Total cost.

• T: Cycle length.

• N: Number of orders.

Author(s)

Jos<c3><a9> Carlos Soage Gonz<c3><a1>lez [e-mail]

Examples

dis <- c(0, 0.05, 0.1)
l <- 520
k <- 10
I <- 0.2
q <- c(0, 110, 150)
c <- 5
dat <- EOQd(dis = dis, l = l, k = k, I = I, q = q, c = c)
dat

sidoruvigo/EOQd documentation built on May 16, 2019, 11:13 p.m.