An Optimal Sequential Procedure for a Buying–selling Problem with Independent Observations

An optimal sequential procedure for a multiple selling problem with independent observations

Optimal Stock Selling/Buying Strategy with reference to the Ultimate Average∗

We are concerned with the optimal decision to sell or buy a stock in a given period with reference to the ultimate average of the stock price. More precisely, we aim to determine an optimal selling (buying) time to maximize (minimize) the expectation of the ratio of the selling (buying) price to the ultimate average price over the period. This is an optimal stopping time problem which can be fo...

An Algebraically Derived Minimal Cost Solution Technique of the EOQ Model Under Conditional Trade Credit

In 1985, Goyal considered the retailer’s inventory replenishment problem under trade credit independent of the order quantity and the retailer’s unit selling price and the purchasing price per unit were equal. In this paper, the restrictive assumptions of the trade credit independent of the order quantity and the retailer’s unit selling price equaled to the purchasing price per unit are relaxed...

An Optimal NPV Project Scheduling with Fixed Work Content and Payment on Milestones

    Project scheduling   Net present value   We consider a project scheduling problem with permitted tardiness and discrete time/resource trade-offs under maximum net present value objective. In this problem, a project consists of a set of sequential phases such that each phase contains one or more sub-projects including activities interrelated by finish-start-type precedence relations with a t...

Retailer's inventory system in a two-level trade credit financing with selling price discount and partial order cancellations

In today's fast marketing over the Internet or online, many retailers want to trade at the same time and change their marketing strategy to attract more customers. Some of the customers may decide to cancel their orders partially with a retailer due to various reasons such as increase in customer's waiting time, loss of customer's goodwill on retailer's business, and attractive promotional sche...