Abstract
This chapter studies two valuable contributions in the literature regarding extensions of the traditional economic order quantity model. In particular, a base theoretical model for a single-stage system over the infinite horizon and two modes of transportation is presented. The transportation options are truckload transportation with fixed cost per truck, less than truckload transportation with a constant cost per unit shipped, or a combination of both modes simultaneously. Then, an extension of this model to include the all-units quantity discount scheme is studied. Exact algorithms are proposed for computing optimal policies for each case.
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Mendoza, A., Ventura, J.A. (2014). EOQ Models with Two Modes of Freight Transportation and All-Units Quantity Discounts. In: Choi, TM. (eds) Handbook of EOQ Inventory Problems. International Series in Operations Research & Management Science, vol 197. Springer, Boston, MA. https://doi.org/10.1007/978-1-4614-7639-9_7
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DOI: https://doi.org/10.1007/978-1-4614-7639-9_7
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