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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/21726

    Title: The optimal special order policy for deteriorating items with announced increase price under limited special order quantity
    Authors: Yang, Chih-Te;Ouyang, Liang-yuh;Wu, Kuo-Shan;Yen, Hsiu-Feng
    Contributors: 淡江大學經營決策學系;淡江大學企業管理學系
    Keywords: inventory;price arise;limited special order quantity;deteriorating items
    Date: 2008-05
    Issue Date: 2009-11-30 13:38:56 (UTC+8)
    Publisher: 臺北縣淡水鎮 : 淡江大學
    Abstract: When a supplier announces impending price raise at a certain time in the future, it is important
    for a retailer to decide whether or not to purchase additional stock for taking advantage of the lower
    (present) price. This study explores the possible effects of price increase on the retailer's
    replenishment policy under limited special order quantity and with a constant rate of decay of goods.
    Two situations discussed in this study are: (1) the special order time occurs at the retailer's
    replenishment time, and (2) the special order time occurs during the retailer's sale period. By
    analyzing total relevant inventory cost saving between special and regular orders during a special
    order cycle time, the optimal special order policy for each situation can be determined. Several
    numerical examples are given to illustrate the theoretical results. Additionally, sensitivity analysis of
    the optimal solution with respect to major parameters is presented.
    Relation: 2008年兩岸管理科學暨企業經營學術研討會論文集, pp.95-114
    Appears in Collections:[Graduate Institute & Department of Chinese] Proceeding
    [Department of Management Sciences] Proceeding

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