### ECONOMICORDER QUANTITYMODEL WITH SHORTAGES BACKORDERED UNDER INFLATION AND TIME VALUE OF MONEY

*Abdullah EROĞLU*

#### Özet

In this paper, an economic order quantity (EOQ) model with shortages backordered is developed under inflation and time value of money. Derived total cost function which has two variable has been reduced to a function with one variable by partially differentiating the total cost with respect to its variables. By using a one-dimensional search method, effects of some real interest values on optimal lot sizes and total costs are investigated by illustrative examples.

Economic order quantity (EOQ), backorder, inflation, time value of money.

Economic order quantity (EOQ), backorder, inflation, time value of money.

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