In this article we explore the properties of the discounted total cost function for the economic order quantity. We show that it is convex. Furthermore, it is shown that the classical economic order quantity (based on Wilson's formula) is not less than the true optimum value based on discounting. Bo
Improved Error Bounds for Lattice Rules
โ Scribed by Harald Niederreiter
- Publisher
- Elsevier Science
- Year
- 1993
- Tongue
- English
- Weight
- 424 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0885-064X
No coin nor oath required. For personal study only.
โฆ Synopsis
We establish results on the worst-case errors that can be achieved by wellchosen lattice rules for standard classes of multivariate periodic functions. These theorems improve or generalize earlier results of this type. 1993 Academic Press, Inc
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