|
NISCAIR ONLINE PERIODICALS REPOSITORY (NOPR) >
NISCAIR PUBLICATIONS >
Research Journals >
Journal of Scientific and Industrial Research (JSIR) >
JSIR Vol.69 [2010] >
JSIR Vol.69(03) [March 2010] >
| Title: | An inventory model with temporary price discount when lead time links to order quantity |
| Authors: | Yang, Chih-Te
Ouyang, Liang-Yuh
Wu, Kun-Shan
Yen, Hsiu-Feng |
| Keywords: | Inventory
Lead time
Temporary price discount |
| Issue Date: | Mar-2010 |
| Publisher: | CSIR |
| Abstract: | This paper presents effects of a temporary price discount offered by supplier on a retailer’s replenishment policy, when lead time is linked to order quantity. A decision process for retailers is developed in deciding whether to adopt a regular or special order policy during a temporary sales period. Optimal special order quantity is determined by maximizing total cost saving between special and regular orders, and illustrated by several numerical examples along with sensitivity analysis of optimal solution. |
| Page(s): | 180-187 |
| ISSN: | 0975-1084 (Online); 0022-4456 (Print) |
| Source: | JSIR Vol.69(03) [March 2010]
|
|
