Joint Pricing and Inventory Policies for Perishable Items with Price Discount based on Freshness Index
نویسندگان
چکیده
منابع مشابه
Joint pricing, inventory, and preservation decisions for deteriorating items with stochastic demand and promotional efforts
This study models a joint pricing, inventory, and preservation decision-making problem for deteriorating items subject to stochastic demand and promotional effort. The generalized price-dependent stochastic demand, time proportional deterioration, and partial backlogging rates are used to model the inventory system. The objective is to find the optimal pricing, replenishment, and preservation t...
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it is assumed in most of the existing models that the items can be stored for an unlimited time to meet the future’s demand and their quality and quantity does not change during that period. nevertheless there are special kinds of products which deteriorate or become unusable (such as food products, alcohol, medicines, etc.). therefore if the rate of deterioration is significantly high, the imp...
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A joint replenishment problem is presented to determine the ordering policy for multiple items having a certain percentage of defective units. The purpose of this paper is to study the impact of the percentage of defective units on the ordering policy. Two different scenarios are presented for joint replenishment problem: (1) without price discount and (2) with price discount. For each scenario...
متن کامل(1, T) policy for a Two-echelon Inventory System with Perishable-on-the-Shelf Items
This paper deals with an i * Corresponding author Email address: nventory system with one central warehouse and a number of identical retailers. We consider perishable-on-the-shelf items; that is, all items have a fixed shelf life and start to age on their arrival at the retailers. Each retailer faces Poisson demand and employs (1, T) inventory policy. Although demand not met at a retai...
متن کاملOptimal Pricing Strategies for an Inventory System with Perishable Items and Waiting Time Dependent Order Cancellations
In many industrial settings, managers face the problem of establishing a pricing policy that maximizes the revenue from selling a given inventory of items by a fixed deadline, with the full inventory of items being available for sale from the beginning of the selling period. The items unsold by the deadline have a constant salvage value, which we assume to be zero for simplicity. Pricing must b...
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ژورنال
عنوان ژورنال: Turkish Journal of Computer and Mathematics Education (TURCOMAT)
سال: 2021
ISSN: 1309-4653
DOI: 10.17762/turcomat.v12i11.6150