Optimal Order Policy for Time-Dependent Deteriorating Items in Response to Temporary Price Discount Linked to Order Quantity

نویسندگان

  • R. P. Tripathi
  • Shweta Singh Tomar
چکیده

In this paper, we discuss the possible effects of a temporary price discount offered by a supplier on a retailer’s replenishment policy for timedependent deteriorating items with constant demand rate. The optimal ordered quantity of a special order policy for a selected case is obtained by maximizing the total cost saving between special and regular orders for the duration of the depletion time. An algorithm is exhibited to determine the optimal solution. Numerical examples are used to illustrate the theoretical results.

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تاریخ انتشار 2013