An EPQ Model with Unit Production Cost and Set-Up Cost as Functions of Production Rate

Table 2

Optimal solutions for different values of 𝜓.

𝜀	𝜓	𝑄^∗	𝑃^∗	ATC*	% LOSS
0.09	0	95.73	500	9891.05	42.1845
0.09	0.02	101.87	500	9920.52	42.0122
0.09	0.04	108.40	500	9951.88	41.8289
0.09	0.06	115.35	500	9985.25	41.6339
0.09	0.08	122.74	500	10020.76	41.4263
0.09	0.10	130.61	500	10058.55	41.2054
0.09	0.12	138.99	500	10098.76	40.9704
0.09	0.14	147.90	500	10141.54	40.7203
0.09	0.16	157.38	500	10187.08	40.4541
0.09	0.18	1668.67	221	10220.20	38.2639
0.09	0.20	1761.22	221	10224.07	38.2405
0.09	0.30	2306.92	221	10246.85	38.1029
0.09	0.50	3957.97	221	10315.79	37.6864
0.09	0.70	6790.66	221	10434.07	36.9720
0.09	0.90	11650.67	221	10637	35.7462