A Partial Backlogging Inventory Model for Deteriorating Items with Fluctuating Selling Price and Purchasing Cost

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A Partial Backlogging Inventory Model for Deteriorating Items with Fluctuating Selling Price and Purchasing Cost

In today’s competitive markets, selling price and purchasing cost are usually fluctuating with economic conditions. Both selling price and purchasing cost are vital to the profitability of a firm. Therefore, in this paper, I extend the inventory model introduced by Teng and Yang 2004 to allow for not only the selling price but also the purchasing cost to change from one replenishment cycle to a...

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ژورنال

عنوان ژورنال: Advances in Operations Research

سال: 2012

ISSN: 1687-9147,1687-9155

DOI: 10.1155/2012/385371