Answers how much to order when to order. Reduced price when item is purchased in larger quantities.The first model we will present is called the economic order quantity EOQ. We will discuss two types of quantity discount contracts: all units discounts and.buy the lowest total cost quantity, save the buyer money and, in some cases, receive more goods. quantity discount model example When we buy ...

In this paper we seek to account for scalar implicatures and Horn’s division of pragmatic labor in game-theoretical terms by making use mainly of refinements of the standard solution concept of signaling games. Scalar implicatures are accounted for in terms of Farrell’s (1993) notion of a ‘Neologism-Proof’ equilibrium together with Grice’s maxim of Quality. Horn’s division of pragmatic labor is...

Certain inventory items are living organisms, for example livestock, and are therefore capable of growing during the replenishment cycle. These items often serve as various saleable food items downstream in supply chains. The purpose of this paper is to develop a lot sizing model for growing items if the supplier of the items offers incremental quantity discounts. A mathematical model is derive...