Work

An Economic Order Quantity Model for Ameliorating Items With Quadratic Demand

Year: 2025

Type: article

Abstract: It is evidently recognized that in a real life, the volume of stocked items has motivational effect on customers. Stores with large amount of displayed items attract buyers more than stores with scanty items. The EOQ model for Quadratic Demand items that undergo amelioration stage was developed. The poultry, fishery, and so on, where the stocked item increases in weight and/or value within a shortest period of time. The model determines the best cycle length so as to minimize the overall cost. Numerical examples are given to illustrate the model and a sensitivity analysis carried out to see the effect of changes to some model parameters on the decision variables.

Source: FUDMA Journal of Sciences

DOI: 10.33003/fjs-2025-0902-3303

Authors: Mamuda Alhaji Mamuda, Uba Ahmad Ali, Abubakar Umar Usman, Jibrin Yahaya Musa

Institutions: Federal University Dutse, Yobe State University, Binyaminu Usman Polytechnic

Language: English

Topic: Supply Chain and Inventory Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4409597704

FWCI:

Cites: 8

Cited by:

Related to: 10