Optimal Pricing and Ordering Policies for Non Instantaneous Deteriorating Items with Price Dependent Demand and Maximum Lifetime

被引：3

作者：

Lin, Feng ^{[1
]}

Yang, Zhe-chao ^{[1
]}

Jia, Tao ^{[1
]}

机构：

[1] Xi An Jiao Tong Univ, Sch Management, Xian 710049, Peoples R China

来源：

PROCEEDINGS OF THE 6TH INTERNATIONAL ASIA CONFERENCE ON INDUSTRIAL ENGINEERING AND MANAGEMENT INNOVATION: CORE THEORY AND APPLICATIONS OF INDUSTRIAL ENGINEERING, VOL 1 | 2016年

关键词：

Inventory; Maximum lifetime; Non-instantaneous deteriorating items; Price dependent demand; REPLENISHMENT POLICY; INVENTORY;

D O I：

10.2991/978-94-6239-148-2_41

中图分类号：

T [工业技术];

学科分类号：

08 ;

摘要：

Owing to damage, spoil or decay, deteriorating items deteriorate continuously within their maximum lifetime. And deterioration not only causes quantity loss but also worsens their quality. Hence, due to different quality, selling price of deteriorating items may be different to stimulate the market demand. The paper considers an inventory model for non-instantaneous deteriorating item with price dependent demand and maximum lifetime. The system aims to maximize the retailer's profit by determining its optimal price at deteriorated stage and replenishment cycle. And two distinct cases as well as the corresponding theorems are formulated. Finally, several theoretical results and managerial insights are obtained via numerical examples.

引用

页码：411 / 421

页数：11

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