Serbia: University of Belgrade, Faculty of Organizational Sciences
摘要:
This paper deals with the problem of determining the optimal selling price and
order quantity simultaneously under EOQ model for deteriorating items. It is assumed
that the demand rate depends not only on the on-display stock level but also the selling
price per unit, as well as the amount of shelf/display space is limited. We formulate two
types of mathematical models to manifest the extended EOQ models for maximizing
profits and derive the algorithms to find the optimal solution. Numerical examples are
presented to illustrate the models developed and sensitivity analysis is reported.
關聯:
Yugoslav Journal of Operations Research 20(1), pp.55-69
