Incorporating quantity discounts to the EOQ model with transportation costs

Abraham Mendoza, José A. Ventura

Research output: Contribution to journalArticle

53 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 languageEnglish (US)
Pages (from-to)754-765
Number of pages12
JournalInternational Journal of Production Economics
Volume113
Issue number2
DOIs
StatePublished - Jun 1 2008

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering

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