A competitive inventory model with options to reduce setup and inventory holding costs

doi:10.1016/0305-0548(94)00030-C

淡江大學機構典藏 > 商管學院 > 企業管理學系暨研究所 > 期刊論文 > Item 987654321/55861

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题名:	A competitive inventory model with options to reduce setup and inventory holding costs
其它题名:	在可降低購置與存貨儲存成本下的競爭性存貨模式
作者:	陳正綱;Chen, Cheng-kang;Min, K. Jo
贡献者:	淡江大學企業管理學系
日期:	1995-05
上传时间:	2011-09-02 09:51:13 (UTC+8)
出版者:	Elsevier
摘要:	In this paper, the profit maximizing economic order quantity (EOQ) model is extended to the case of a symmetric oligopoly consisting of several producers who compete with each other for the same potential buyers. For each producer, we assume that the options of investing in reducing the setup and inventory holding costs are available. A primary goal of this paper is to understand economic implications of the resulting equilibrium in terms of critical elements of EOQ models such as the setup and inventory holding costs as well as critical elements of the microeconomic market theory such as the market price and the number of competing producers. For an example, we present a unique insight as to why several Japanese and American producers are striving to reduce the setup costs under ever increasing competition. Specifically, it will be shown that, for a profit maximizing producer, as the number of competing producers increases, his optimal strategy dictates that he reduce his setup and inventory holding costs.
關聯:	Computers & operations research 22(5), pp.503-514
DOI:	10.1016/0305-0548(94)00030-C
显示于类别:	[企業管理學系暨研究所] 期刊論文

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