demand is assumed constant in the classical economic order quantity (eoq) model. however, in the real world, the demand is dependent on many factors such as the selling price, warranty of product and marketing effort. in addition pricing and ordering quantity decisions are interdependent for a seller when demand for the product is price sensitive in the inventory models. these types of models a...

Efficiency in the supply chain can be established by integrating supplier-retailer inventory policy. This article proposes integrated model between under stochastic demand. aims to determine optimal review period and calculate total cost, including some defective items, backorder price discounts, losing flexibility costs. We assume that retailer order 'n' times for every 'm' shipment from suppl...