... reduction of set‐up cost. The results are similar in both cases. For simplicity we assume that the unit production cost is a constant, so it can be neglected. We name the total set‐up and holding costs as total cost. The following notations are used. 1. D_i:the product...

... 1993 Globalization Logistics Manufacturing strategy Production costs IJOPM 13,12 Comparative Logistics and Production Costs for Global Manufacturing Strategy 62 Joseph Scully and Stanley E. Fawcett Michigan State University, East Lansing, Michigan, USA Introduction The global economy...

... into account, the computed EOQ is smaller, and the conventional EOQ is not the optimum solution. Economic order quantities Production management Production costs Cost accounting An Extension of the EOQ Production Model Based on Damage Costs Fuchiao Chyr, Tsong Ming Lin and Chin-Fu Ho National Taiwan...