Optimal times of price reductions for an inventory model with partial backorder and vertical shift demand

被引:7
|
作者
You, Peng-Sheng [1 ]
机构
[1] Natl Chia Yi Univ, Grad Inst Transportat & Logist, Chiayi 600, Taiwan
关键词
inventory; backorder; deterministic demand; multiple discounts;
D O I
10.1051/ro:2007010
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
This paper investigates an inventory control problem where a firm orders and sells an inventory item through discount strategy in a price sensitive market. From the economic points of view, customers may expect a further price reduction when a firm uses pricing promotion to stimulate demand, the demand curve may vertically shift down when a firm reduces the selling price. Taking these phenomena into account, this paper developed a continuous inventory model for finding the ordering quantity, the number of pricing changing and times of price changes simultaneously so as to maximize the total profit. A solution procedure is developed for finding the optimal decision rules.
引用
收藏
页码:35 / 47
页数:13
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