Optimal pricing and ordering policy for deteriorating items with price and stock dependent demand and partial backlogging
نویسندگان
چکیده
منابع مشابه
Retailer’s Optimal Pricing and Ordering Policies for Non-Instantaneous Deteriorating Items with Price-Dependent Demand and Partial Backlogging
An inventory system for non-instantaneous deteriorating items with price-dependent demand is formulated and solved. A model is developed in which shortages are allowed and partially backlogged, where the backlogging rate is variable and dependent on the waiting time for the next replenishment. The major objective is to determine the optimal selling price, the length of time in which there is no...
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This paper deals with a two-warehouse inventory model for deteriorating items with time dependent demand and partial backlogging under inflation. It is assumed that deterioration of items follows two-parameter Weibull distribution and demand rate varies exponentially with time. Shortages are allowed and partial backlogging depends on waiting time of next replenishment. A numerical example is pr...
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Advertisement of the product is an important factor in inventory analysis. Also, price and stock have an important role to attract more customers in the competitive business situations. Trade credit policy is another important role in inventory analysis. We have combined these three factors together in a two-warehouse inventory model and represented it mathematically. In addition, we have added...
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This investigation presents an economic production quantity (EPQ) model for deteriorating items with stock-dependent demand and shortages. It is assumed that a constant fraction of the on-hand inventory deteriorates and demand rate depends upon the amount of the stock level. Expression for various optimal indices as well as cost analysis are provided. By taking numerical illustration, sensitivi...
متن کاملAn Optimal Ordering Policy for Inventory Model with Non-Instantaneous Deteriorating Items and Stock-Dependent Demand
In this paper we shall discuss with the optimal ordering policy for two warehouse inventory model of non-instantaneous deteriorating items and stock-dependent demand. Here shortage is not allowed. Here the holding and deteriorating costs in both warehouses are different and assumed that the holding cost in the RW(rented warehouse) than in the OW(owned warehouse) the optimal solution are shown. ...
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ژورنال
عنوان ژورنال: Uncertain Supply Chain Management
سال: 2016
ISSN: 2291-6822,2291-6830
DOI: 10.5267/j.uscm.2016.3.004