Dragons in Pursuit of the EBQ |
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Authors: | Samuel Eilon |
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Affiliation: | 1.Imperial College of Science and Technology, |
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Abstract: | Some of the objections to the classical model used in the theory of batch quantities are reviewed. They fall broadly into four categories (1) the validity of the model; (2) the determination of cost parameters; (3) criteria; (4) implementation. Some of the objections can be met by minor modifications of the model; others are more fundamental in nature. In multi-product situations the classical model can only provide an initial guidance and must be supplemented be other tools. |
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