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The quantity model is the simpler one because it requires fewer assumptions.
In terms of convergence, it was shown that sensitivity indices related to factors of the quantity model achieve convergence faster.
In this paper, we develop an economic order quantity model with imperfect quality items, inspection errors, shortage backordering, and sales returns.
Furthermore, in contrast to water quantity model outputs, water quality model outputs were found to be characterised by high non-linearity.
This paper combines the separate works on substitution and joint replenishment and proposes a solution procedure for solving the joint replenishment model with substitution (JRMS) for two products within the framework of the classical economic order quantity model.
The quantity model is solved for x ∗, output by technology, and x, output by sector.
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As a formal and descriptive "language", the so-called signal relation diagram (SRD) represents relations between quantity models graphically.
In economic order quantity models without backordering, both the stock cost of each unit quantity and the order cost of each cycle are characterized as independent fuzzy variables rather than fuzzy numbers as in previous studies.
He is a registered professional engineer in the State of Georgia with more than 35 years of research and consulting experience in environmental quality and quantity modeling, environmental fluid mechanics, optimal management of engineered and environmental systems, site characterization and health risk assessment studies.
Furthermore, this metric is based on the quantity modeled (survival time), so it does not require the additional assumptions that would allow us to convert our results to hazard ratios.
The naive quantity theory model that will be explained here may be labelled the money model.
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