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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/100837

    Title: Optimal pricing and ordering policies of non-instantaneous deteriorating items under order-size dependent delay in payments
    Authors: 鄭美娟
    Chun-Tao Chang
    Liang-Yuh Ouyang
    Contributors: 管理科學學系暨研究所
    Keywords: Inventory;Non-instantaneous deteriorating items;Pricing;Trade credit
    Date: 2015
    Issue Date: 2015-03-16 10:31:25 (UTC+8)
    Abstract: In today’s competitive business transactions, the supplier may permit his/her retailers a delay in payment in order to encourage the retailers to buy more. During the permissible delay period, the retailer is allowed to postpone paying for the products bought without incurring any interest. In this study, we consider an inventory system with non-instantaneously deteriorating items in circumstances where the supplier provides the retailer with various trade credits linked to order quantity. First, we develop a mathematical model to identify the optimal pricing and ordering policies for maximizing the retailer’s total profit. This followed by a discussion of the characteristics of the optimal solution. We then propose some algorithms for finding the optimal solutions. Finally, numerical examples are presented and a sensitivity analysis is undertaken to illustrate the proposed model.
    Relation: Applied Mathematical Modelling, Vol. 39, 747-763
    Appears in Collections:[管理科學學系暨研究所] 期刊論文

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