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
来源：
HARMONY SEARCH AND NATURE INSPIRED OPTIMIZATION ALGORITHMS | 2019年 / 741卷
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.
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页码：393 / 403
页数：11
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