Inventory and pricing model with price-dependent demand, time-varying holding cost, and quantity discounts
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- 作者：Hesham K. Alfares ; alfares@kfupm.edu.sa" class="auth_mail" title="E-mail the corresponding author ; Ahmed M. Ghaithan ahmedgh@kfupm.edu.sa" class="auth_mail" title="E-mail the corresponding author
- 关键词：Inventory model ; Price-dependent demand ; Variable holding cost ; All-units quantity discounts
- 刊名：Computers & Industrial Engineering
- 出版年：2016
- 出版时间：April 2016
- 年：2016
- 卷：94
- 期：Complete
- 页码：170-177
- 全文大小：331 K
文摘
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The model simultaneously considers the variability of demand, holding cost, and purchasing cost.
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The pricing and inventory decisions are integrated, considering both sale the price and the order size as decision variables.
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An efficient algorithm is developed to produce the optimal solution.