Based on Expired Cost and Stockout Cost Monocycle Volume of Order Determination
Yuanming Zhang · Development & Innovation of Machinery & Electrical Products · 2007
This paper elaborated the stock classification from the different angle, and introduced the monocycle stock definition. Embarks from the monocycle stock model main consideration cost element, through the expectation loses smallest method and expectation profit biggest method realizes to the monocycle stock model in the stockout cost and the expired cost control,then determination best volume of order. Lifts the example analysis.