An EPQ Model with Unit Production Cost and Set-Up Cost as Functions of Production Rate
Extensive research has been devoted to economic production quantity (EPQ) problem. However, no attention has been paid to problems where unit production and set-up costs must be considered as functions of production rate. In this paper, we address the problem of determining the optimal production qu...
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| Format: | Article |
| Language: | English |
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Hindawi Limited
2013-01-01
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| Series: | Modelling and Simulation in Engineering |
| Online Access: | http://dx.doi.org/10.1155/2013/727685 |