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

Table 3

Optimal solutions for different values of 𝜀 and 𝜓.

𝜀	𝜓	𝑄^∗	𝑃^∗	ATC*	% LOSS
0	0	850.15	221	16554.65	0.0000
0.02	0.02	896.94	221	14866.05	10.2002
0.04	0.04	999.20	221	13350.26	19.3564
0.06	0.06	105.08	500	11972.33	30.0189
0.08	0.08	118.99	500	10644.08	37.7828
0.10	0.10	134.74	500	9471.08	44.6393
0.12	0.12	152.57	500	8435.17	50.6945
0.14	0.14	172.76	500	7520.34	56.0419
0.16	0.16	195.62	500	6712.43	60.7643
0.18	0.18	221.51	500	5998.95	64.9347
0.20	0.20	250.83	500	5368.86	68.6178
0.30	0.30	466.96	500	3165.31	81.4980
0.50	0.50	11969.42	221	1164.56	92.9654
0.70	0.70	35233.15	221	431.71	97.3922
0.90	0.90	103712.20	221	182.74	98.8961