Consider a =1000 units/year, b = 0.2, A = 150 per order, c = 10 / unit, h = 0.3/ units/year, = 0.01/year. From the above data, the optimal solutions for the regular order quantity are T*= 0.31098 year and Q* = 311.473 units.
Consider a =1000 units/year, b = 0.2, A = 150 per order, c = 10 / unit,h = 0.3/ units/year, = 0.01/year.From the above data, the optimal solutions for the regular order quantity are T*=0.31098 year and Q* = 311.473 units.