Incorporating quantity discounts to the EOQ model with transportation costs

Abraham Mendoza; José A. Ventura

doi:10.1016/j.ijpe.2007.10.010

Incorporating quantity discounts to the EOQ model with transportation costs

Abraham Mendoza, José A. Ventura

Marcus Department of Industrial and Manufacturing Engineering

Research output: Contribution to journal › Article › peer-review

72 Scopus citations

Abstract

This article extends a previous Economic Order Quantity (EOQ) model with two modes of transportation, namely truckload (TL) and less than truckload (LTL) carriers, by introducing all-units and incremental quantity discount structures into the analysis. Exact algorithms are developed for each quantity discount structure to compute optimal policies for single-stage models over an infinite planning horizon.

Original language	English (US)
Pages (from-to)	754-765
Number of pages	12
Journal	International Journal of Production Economics
Volume	113
Issue number	2
DOIs	https://doi.org/10.1016/j.ijpe.2007.10.010
State	Published - Jun 1 2008

All Science Journal Classification (ASJC) codes

General Business, Management and Accounting
Economics and Econometrics
Management Science and Operations Research
Industrial and Manufacturing Engineering

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10.1016/j.ijpe.2007.10.010

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abstract = "This article extends a previous Economic Order Quantity (EOQ) model with two modes of transportation, namely truckload (TL) and less than truckload (LTL) carriers, by introducing all-units and incremental quantity discount structures into the analysis. Exact algorithms are developed for each quantity discount structure to compute optimal policies for single-stage models over an infinite planning horizon.",

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AB - This article extends a previous Economic Order Quantity (EOQ) model with two modes of transportation, namely truckload (TL) and less than truckload (LTL) carriers, by introducing all-units and incremental quantity discount structures into the analysis. Exact algorithms are developed for each quantity discount structure to compute optimal policies for single-stage models over an infinite planning horizon.

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Incorporating quantity discounts to the EOQ model with transportation costs

Abstract

All Science Journal Classification (ASJC) codes

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