The economic order quantity, or EOQ, is the optimal number of units a business should purchase when replenishing inventory while minimizing inventory costs that could eat into profit margins.

S. Bose, A. Goswami, K. S. Chaudhuri, An EOQ Model for Deteriorating Items with Linear Time-Dependent Demand Rate and Shortages under Inflation and Time Discounting, The Journal of the Operational ...

H.-J. Chang, C.-Y. Dye, An EOQ Model for Deteriorating Items with Time Varying Demand and Partial Backlogging, The Journal of the Operational Research Society, Vol ...