The economic production quantity model (also known as the EPQ model) determines the quantity a company or retailer should order to minimize the total inventory costs by balancing the …

This paper generalizes the standard economic production quantity (EPQ) model in process manufacturing industry by incorporating regular preventive maintenance (PM) activities into …

In this paper, an integrated economic production quantity (EPQ) model that considers energy consumption is analyzed. The concept of specific energy consumption (SEC) is used to …

2021年12月15日 · The economic production quantity (EPQ) is one of the most commonly used models for production planning and inventory control problems. In this paper, a multi-product …

The Economic Production Quantity (EPQ) model is applicable when an organization has its own internal production capabilities rather than ordering from an external supplier. Unlike the …

1 天前 · Sustainability integrates business processes, efficiency, financial performance, and environmental impacts, posing an optimization challenge to minimize costs and greenhouse …

Using the concepts of fractional calculus followed by fractional derivative, we construct different possible models like generalized fractional-order economic production quantity (EPQ) model …

2024年6月1日 · Utilizing cyclic policies and order quantities, the EPQ model provides insights into optimal order intervals and quantities for efficient inventory management. Comparative …

The economic production quantity model (also known as the EPQ model) determines the quantity a company or retailer should order to minimize the total inventory costs.

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