Replenishment Policy for Deteriorating Items Under Price Discount

被引:0
|
作者
Namdeo, Anubhav [1 ]
Khedlekar, Uttam Kumar [1 ]
机构
[1] Dr Hari Singh Gour Vishwavidyalaya, Dept Math & Stat, Sagar 470003, MP, India
关键词
Inventory; Stock dependent; Price-sensitive demand; Preservation technology; Deterioration; Discount; Replenishment cycle;
D O I
10.1007/978-981-13-0761-4_38
中图分类号
TP18 [人工智能理论];
学科分类号
081104 ; 0812 ; 0835 ; 1405 ;
摘要
This paper deals with a single-item inventory model with constant rate of deterioration and shortage is not allowed. The stock-dependent and price-sensitive demand is considered. Price discount is provided to uplift the market sell also the preservation technology is applied to reduce deterioration. The objective of this paper is to obtain the optimal replenishment time, preservation technology investment, quantity, and profit. The model is illustrated by numerical examples and graphical analysis. Discount policy could help to any business organization for smooth running the business and obtain maximum profit.
引用
下载
收藏
页码:393 / 403
页数:11
相关论文
共 50 条
  • [1] An Optimal Replenishment Policy for Deteriorating Items with Delay in Payments and Cash Discount offers
    Huo Hong
    Li Zhao-xia
    2008 CHINESE CONTROL AND DECISION CONFERENCE, VOLS 1-11, 2008, : 2374 - 2377
  • [2] Joint replenishment with imperfect items and price discount
    Paul, S.
    Wahab, M. I. M.
    Ongkunaruk, P.
    COMPUTERS & INDUSTRIAL ENGINEERING, 2014, 74 : 179 - 185
  • [3] The Inventory Replenishment Policy for Deteriorating Items Under Permissible Delay in Payments
    Kun-Jen Chung
    OPSEARCH, 2000, 37 (4) : 267 - 281
  • [4] Optimal Replenishment Policy for Deteriorating and Non-Deteriorating Items
    Bobalova, Martina
    Novotna, Veronika
    INZINERINE EKONOMIKA-ENGINEERING ECONOMICS, 2018, 29 (03): : 272 - 280
  • [5] Ordering policy for deteriorating items under the volume discount in time limit
    Chen, Jun
    Dan, Bin
    Qiu, Han-Guang
    Cao, Qun-Hui
    Jisuanji Jicheng Zhizao Xitong/Computer Integrated Manufacturing Systems, CIMS, 2009, 15 (09): : 1860 - 1866
  • [6] Optimal replenishment policy for non-instantaneous deteriorating items with stochastic demand under advance sales discount and available capacity
    Hou, Kuo-Lung
    Srivastava, Hari M.
    Lin, Li-Chiao
    Sarker, Bhaba R.
    Lee, Shih-Fang
    MATHEMATICAL METHODS IN THE APPLIED SCIENCES, 2022, 45 (17) : 11433 - 11448
  • [7] Discount pricing policy for deteriorating items under preservation technology cost and shortages
    Namdeo, Anubhav
    Khedlekar, Uttam Kumar
    Singh, Priyanka
    JOURNAL OF MANAGEMENT ANALYTICS, 2020, 7 (04) : 649 - 671
  • [8] OPTIMAL ORDER POLICY FOR DETERIORATING ITEMS IN RESPONSE TO TEMPORARY PRICE DISCOUNT LINKED TO ORDER QUANTITY
    Ouyang, Liang-Yuh
    Yang, Chih-Te
    Yen, Hsiu-Feng
    TAMKANG JOURNAL OF MATHEMATICS, 2009, 40 (04): : 383 - 400
  • [9] A replenishment policy for deteriorating items with ramp type demand rate
    Wu, K.-S.
    Ouyang, L.-Y.
    Proceedings of the National Science Council, Republic of China, Part A: Physical Science and Engineering, 2000, 24 (04): : 279 - 286
  • [10] Optimal replenishment policy for deteriorating items with the possibility of delay in payment
    Martina, Bobalova
    Veronika, Novotna
    PERSPECTIVES OF BUSINESS AND ENTREPRENEURSHIP DEVELOPMENT: ECONOMIC, MANAGEMENT, FINANCE AND SYSTEM ENGINEERING FROM THE ACADEMIC AND PRACTITIONERS VIEWS, 2015, : 368 - 375