An EOQ model with deteriorating items in response to a temporary sale price

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Title:	An EOQ model with deteriorating items in response to a temporary sale price
Authors:	張紘炬;Chang, Horng-jinh;Dye, Chung-yuan
Contributors:	淡江大學經營決策學系
Keywords:	Eoq;Deteriorating Items;Temporary Sale Price
Date:	2000-07-01
Issue Date:	2009-11-30 12:22:24 (UTC+8)
Publisher:	Taylor & Francis
Abstract:	In economic order quantity models, it is often assumed that the unit purchase cost is constant. Such an assumption is usually not fulfilled in many practical situations. In practice, it is observed that suppliers sometimes offer temporary price discounts to stimulate demand, boost market share or decrease inventories of certain items. In this paper, a deteriorating inventory model with a temporary sale price has been developed. We shall be concerned with finding the optimal total cost saving for deteriorating items during the special replenishment period. Numerical examples are presented to illustrate the proposed model.
Relation:	Production Planning & Control 11(5), pp.464-473
DOI:	10.1080/09537280050051960
Appears in Collections:	[Department of Management Sciences] Journal Article

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