Retailer’s replenishment and pricing decisions for non-instantaneous deterioration and price-dependent demand
| Autor: | Nita Shah, Chetan Vaghela |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2017 |
| Předmět: | |
| Zdroj: | International Journal of Industrial Engineering and Production Research, Vol 28, Iss 2, Pp 101-111 (2017) |
| Druh dokumentu: | article |
| ISSN: | 2008-4889 2345-363X |
| Popis: | Abstract In this research, an integrated inventory model for non-instantaneous deteriorating items is analyzed when demand is sensitive to changes in price. The price used in this research is a time-dependent function of the initial selling price and the discount rate. To control the deterioration rate of items at the storage facility, investment in preservation technology is incorporated. To provide a general framework to the model, an arbitrary holding cost rate is used. Toward the end of the paper, a numerical case is given to approve the model and the impacts of the key parameters of the model are studied by sensitivity analysis to deduce managerial insights. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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