Ford Whitman Harris and the Economic Order Quantity Model
نویسنده
چکیده
Ford Whitman Harris first presented the familiar economic order quantity (EOQ) model in a paper published in 1913. Even though Harris's original paper was disseminated widely, it apparently was unnoticed for many years before its rediscovery in 1988. During this period much confusion developed over the origin of the EOQ model. This paper explores the early literature on this model and traces the evolution of the confusion. \\ also sketches the remaikaWe life of Harris, who made contributions as an engineer, inventor, author and patent attorney, even though he received no formal education beyond high school. Harris's original 1913 essay is reprinted following this paper.
منابع مشابه
Economic order quantity model for growing items with incremental quantity discounts
Certain inventory items are living organisms, for example livestock, and are therefore capable of growing during the replenishment cycle. These items often serve as various saleable food items downstream in supply chains. The purpose of this paper is to develop a lot sizing model for growing items if the supplier of the items offers incremental quantity discounts. A mathematical model is derive...
متن کاملA cloudy fuzzy economic order quantity model for imperfect-quality items with allowable proportionate discounts
In the traditional economic order quantity/economic production quantity model, most of the items considered are of perfect type. But this situation rarely takes place in practice. Thus, in this paper, an economic order quantity model with imperfectquality items is developed. 100% screening process is performed, and the items of imperfect quality are sold as a single batch. A proportionate ra...
متن کاملThe Expansion of Economic Order Quantity Model to Reduce the Costs of Internet Recruitment Innovative Technologies in cities
In this paper, an economic decisions-making model based on mathematics in order to optimize the costs of investment in accordance with innovative technology of human resources recruitment introduced and in the next section, the economic impact of the Internet recruitment technologies has been examined. In order to fulfill these demands classic economic order quantity model of have developed as...
متن کاملAnalysis of an Economic Order Quantity and Reorder Point Inventory Control Model for Company XYZ
As a result to today’s uncertain economy, companies are searching for alternative ways to stay competitive. In which, Company XYZ has been faced with an ineffective forecasting method that has lead to multiple product stock outs. The issue faced has caused sales loss as well as profit loss, which companies can not afford to lose if they want to stay competitive. This project goes through the pr...
متن کاملEntropic Economic Order Quantity Model for Items with Imperfect Quality Considering Constant Rate of Deterioration under Fuzzy Inflationary Conditions
It was suggested in 2004 by some researchers that it might be possible to improve production systems performance by applying the first and second laws of thermodynamics to reduce system entropy. Then these laws were used to modify the economic order quantity (EOQ) model to derive an equivalent entropic order quantity (EnOQ). Moreover the political instability or uncertainty of a country (as wel...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- Operations Research
دوره 38 شماره
صفحات -
تاریخ انتشار 1990