Browsing by Author "Tsikis, I."
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Backorder penalty cost coefficient "b": What could it be?
Liberopoulos, G.; Tsikis, I.; Delikouras, S. (2010)The classical economic order quantity (EOQ) model with planned penalized backorders (PB) relies on postulating a value for the backorder penalty cost coefficient, b, which is supposed to reflect the intangible adverse ...