An inventory model with temporary price discount when lead time links to order quantity

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Title:	An inventory model with temporary price discount when lead time links to order quantity
Authors:	Yang, Chih-Te;Ouyang, Liang-Yuh;Wu, Kun-Shan;Yen, Hsiu-Feng
Contributors:	淡江大學企業管理學系
Keywords:	Inventory;Lead time;Temporary price discount
Date:	2010-03
Issue Date:	2011-09-02 09:56:28 (UTC+8)
Publisher:	New Delhi: National Institute of Science Communication and Information Resources
Abstract:	This paper presents effects of a temporary price discount offered by supplier on a retailer’s replenishment policy, when lead time is linked to order quantity. A decision process for retailers is developed in deciding whether to adopt a regular or special order policy during a temporary sales period. Optimal special order quantity is determined by maximizing total cost saving between special and regular orders, and illustrated by several numerical examples along with sensitivity analysis of optimal solution.
Relation:	Journal of Scientific and Industrial Research 69(3), pp.180-187
Appears in Collections:	[Graduate Institute & Department of Business Administration] Journal Article

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