Brownian Motion in EOQ

Suganthi, K. and Jayalalitha, G. (2022) Brownian Motion in EOQ. In: Mathematics in Computational Science and Engineering. Wiley, pp. 1-25. ISBN 9781119777557

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Abstract

EOQ is a fixed factor proposed to assist organizations to reduce the expense of ordering and holding Inventory. It is an estimation exploit inside the zone of Operations, Logistics, and Supply Management. The main goal of the EOQ is the ideal proportion of a thing to be purchased at one time in order to decrease the consolidated yearly costs of the ordering cycle. Shortages are not permitted and Inventory control plays a vital role in reducing the cost of production rates, additional time, subcontracting, inordinate Inventory costs and delay purchase penalties during peak time.

Item Type: Book Section
Subjects: Mathematics > Logic
Divisions: Mathematics
Depositing User: Mr IR Admin
Date Deposited: 13 Sep 2024 09:40
Last Modified: 13 Sep 2024 09:40
URI: https://ir.vistas.ac.in/id/eprint/5878

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