Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)

Society of Korea Industrial and System Engineering (한국산업경영시스템학회)
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The Study for EOQ md OMMIP Comparison Analysis According to Order Lead Time Change

조달기간 변동에 따른 EOQ와 OMMIP 비교분석 연구

  • Oh Sae-Kyung (Division of Advanced Industrial Engineering, Kyonggi University) ;
  • Choi Jin-Yeong (Division of Advanced Industrial Engineering, Kyonggi University)
  • 오세경 (경기대학교 첨단산업공학부) ;
  • 최진영 (경기대학교 첨단산업공학부)
  • Published : 2004.12.01
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Abstract

In this paper MIP(mean inventory period) Model and OMMIP decision flow have been developed. MIP model can calculate mean inventory period which is subject to the order quantity alternative plan. OMMIP decision flow leads how can decide the most minimized order quantity in mean inventory period among various order quantity alternatives. This paper also suggests how to select the order quantity with minimum inventory period as optimal order quantity by means of comparison each mean inventory period with other mean inventory period, after simulating EOQ and order quantity of OMMIP calculated in MIP model.

Keywords

References

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