A Generalized EOQ Model for Items with Weibull Distribution Deterioration (original) (raw)

A Generalized EOQ Model for Items with Weibull Distribution Deterioration

A I I E Transactions, 1974

Abstract

Abstract A generalized form of Covert and Philip's EOQ model with Weibull distribution deterioration is developed. Specifically, the 3-parameter Weibull distribution is used to represent the time to deterioration. It is shown that this model can be related to the ...

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