ON THE INTEGRATION OF PRODUCTION AND DISTRIBUTION: ECONOMIC ORDER AND PRODUCTION QUANTITY IMPLICATIONS

Economic Order Quantity (EOQ) and Economic Production Quantity (EPQ) models have been used for many years in transportation and manufacturing to optimize cycle lengths, load sizes and batch quantities. The objective of this paper is to re-examine basic assumptions of EOQ/EPQ models in the context of integrated production/distribution systems. To this end, a set of "characteristic inventory curves" is developed to represent a range of scenarios pertaining to transportation and production. The resulting solutions are compared to more conventional approaches to identify conditions when it is important to carefully account for all inventories in the system, whether at the origin or destination.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/01912615
• Corporate Authors:

  Elsevier

  The Boulevard, Langford Lane
  Kidlington, Oxford  United Kingdom  OX5 1GB
• Authors:
  • Hall, R W
• Publication Date: 1996-10

Language

• English

Media Info

• Pagination: p. 387-403
• Serial:
  • Transportation Research Part B: Methodological
  • Volume: 30
  • Issue Number: 5
  • Publisher: Elsevier
  • ISSN: 0191-2615
  • Serial URL: http://www.sciencedirect.com/science/journal/01912615

Subject/Index Terms

• TRT Terms: Distributions (Statistics); Economic factors; Economics; Inventory; Production; Transportation
• Uncontrolled Terms: Characteristics
• Subject Areas: Economics; Planning and Forecasting; Transportation (General); I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00726798
• Record Type: Publication
• Files: TRIS
• Created Date: Oct 2 1996 12:00AM