Optimal pricing and replenishment policies for instantaneous deteriorating items with backlogging and trade credit under inflation
نویسندگان
چکیده
منابع مشابه
Optimal pricing and replenishment policies for instantaneous deteriorating items with backlogging and trade credit under inflation
In this paper we develop an economic order quantity model to investigate the optimal replenishment policies for instantaneous deteriorating items under inflation and trade credit. Demand rate is a linear function of selling price and decreases negative exponentially with time over a finite planning horizon. Shortages are allowed and partially backlogged. Under these conditions, we model the ret...
متن کاملOptimal dynamic pricing and replenishment policies for deteriorating items
Article history: Received January 22 2014 Received in Revised Format June 6 2014 Accepted June 18 2014 Available online June 23 2014 Marketing strategies and proper inventory replenishment policies are often incorporated by enterprises to stimulate demand and maximize profit. The aim of this paper is to represent an integrated model for dynamic pricing and inventory control of deteriorating ite...
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Usually it is assumed that all items in a lot are of good quality, but in reality this assumption may not always be pertinent. Thus, the inspection of lots becomes essential in almost all organizations. Moreover, its role becomes more vital when the items are deteriorating in nature. Owing to this fact, this paper investigates the impact of initial inspection on retailer’s pricing and ordering ...
متن کاملoptimal economic ordering policy for deteriorating items under two-level trade credit and inflation
in this paper, we develop an inventory model with delay in payments for deteriorating items. in our model, retailer who purchases the items enjoys a fixed credit period offered by his/her supplier and, in turn, also offers a credit period to his/her customers in order to promote the market competition. the demand is assumed to be linear function of the retailer's current-stock level. the effect...
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ژورنال
عنوان ژورنال: Journal of Industrial Engineering International
سال: 2017
ISSN: 1735-5702,2251-712X
DOI: 10.1007/s40092-017-0200-3