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The effect of capital lockup and customer trade credits on the optimal lot size - a confirmation of the EPQ.
Dirk Biskup
Dirk Simons
Hermann Jahnke
Published in:
Comput. Oper. Res. (2003)
Keyphrases
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lot size
lot sizing
production process
total cost
production cost
dynamic programming
finite horizon
optimal strategy
infinite horizon
optimal solution
probability distribution
response time
lead time
asymptotically optimal