Estimation of Economic Order Quantity with Variable Parameters (Ukraine Case Study)
Science Research
Volume 5, Issue 1, February 2017, Pages: 1-5
Received: Oct. 31, 2016; Accepted: Feb. 9, 2017; Published: Mar. 4, 2017
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Andrii Halkin, Department of Transport Systems and Logistics, O. M. Beketov National University of Urban Economy in Kharkiv, Kharkv, Ukraine
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The optimal order quantity is the one of the main logistics tasks that takes place in modern theory and practice. Variety of consumers with its own demand and irregularity of consumption during the year exponentially increase number and times of calculation of economic order quantity. These complicate the EOQ decisions. At the same time, variation of the costs throw this process complicate this tacks exponentially. Using regression model for describe order cost and holding cost per unit simply calculations and consider its variability character.
Decision, Order, Effectiveness, Logistics, Variable, Logistics, Model
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Andrii Halkin, Estimation of Economic Order Quantity with Variable Parameters (Ukraine Case Study), Science Research. Vol. 5, No. 1, 2017, pp. 1-5. doi: 10.11648/
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