Optimal replenishment policy for deteriorating and non deteriorating items
نویسندگان
چکیده
منابع مشابه
An Optimal Replenishment Policy for Seasonal and Deteriorating Items
This study discusses the retailer’s optimal replenishment policy for products with a seasonal demand pattern. The demand of seasonal merchandise such as clothes, sporting goods, children’s toys and electrical home appearances tends to decrease with time. In this study, we focus on “Special Display Goods”, which are heaped up in end displays or special areas at the retail store. They are sold at...
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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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متن کاملOptimal 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 کاملAn optimal replenishment policy for deteriorating items with time-varying demand and partial-exponential type - backlogging
We study a continuous review inventory model over a nite-planning horizon with deterministic varying demand and constant deterioration rate. The model allows for shortages, which are partially backlogged at a rate which varies exponentially with time. For this model an optimal replenishment policy is established. c © 2000 Elsevier Science B.V. All rights reserved.
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ژورنال
عنوان ژورنال: Engineering Economics
سال: 2018
ISSN: 2029-5839,1392-2785
DOI: 10.5755/j01.ee.29.3.14204