EOQ models with two modes of freight transportation and all-units quantity discounts

Abraham Mendoza, José A. Ventura

Research output: Chapter in Book/Report/Conference proceedingChapter

3 Citations (Scopus)

Abstract

This chapter studies two valuable contributions in the literature regarding extensions of the traditional economic order quantity model. In particular, a base theoretical model for a single-stage system over the infinite horizon and two modes of transportation is presented. The transportation options are truckload transportation with fixed cost per truck, less than truckload transportation with a constant cost per unit shipped, or a combination of both modes simultaneously. Then, an extension of this model to include the all-units quantity discount scheme is studied. Exact algorithms are proposed for computing optimal policies for each case.

Original languageEnglish (US)
Title of host publicationInternational Series in Operations Research and Management Science
PublisherSpringer New York LLC
Pages139-153
Number of pages15
DOIs
StatePublished - Jan 1 2014

Publication series

NameInternational Series in Operations Research and Management Science
Volume197
ISSN (Print)0884-8289

Fingerprint

EOQ Model
Quantity Discount
Freight transportation
Unit
Economic Order Quantity
Infinite Horizon
Costs
Exact Algorithms
Optimal Policy
Theoretical Model
Trucks
Economics
EOQ model
Quantity discount
Computing
Model

All Science Journal Classification (ASJC) codes

  • Software
  • Computer Science Applications
  • Strategy and Management
  • Management Science and Operations Research
  • Applied Mathematics

Cite this

Mendoza, A., & Ventura, J. A. (2014). EOQ models with two modes of freight transportation and all-units quantity discounts. In International Series in Operations Research and Management Science (pp. 139-153). (International Series in Operations Research and Management Science; Vol. 197). Springer New York LLC. https://doi.org/10.1007/978-1-4614-7639-9_7
Mendoza, Abraham ; Ventura, José A. / EOQ models with two modes of freight transportation and all-units quantity discounts. International Series in Operations Research and Management Science. Springer New York LLC, 2014. pp. 139-153 (International Series in Operations Research and Management Science).
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Mendoza, A & Ventura, JA 2014, EOQ models with two modes of freight transportation and all-units quantity discounts. in International Series in Operations Research and Management Science. International Series in Operations Research and Management Science, vol. 197, Springer New York LLC, pp. 139-153. https://doi.org/10.1007/978-1-4614-7639-9_7

EOQ models with two modes of freight transportation and all-units quantity discounts. / Mendoza, Abraham; Ventura, José A.

International Series in Operations Research and Management Science. Springer New York LLC, 2014. p. 139-153 (International Series in Operations Research and Management Science; Vol. 197).

Research output: Chapter in Book/Report/Conference proceedingChapter

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Mendoza A, Ventura JA. EOQ models with two modes of freight transportation and all-units quantity discounts. In International Series in Operations Research and Management Science. Springer New York LLC. 2014. p. 139-153. (International Series in Operations Research and Management Science). https://doi.org/10.1007/978-1-4614-7639-9_7