Determining optimal selling price and lot size with a varying rate of deterioration and exponential partial backlogging
學年 96
學期 1
出版（發表）日期 2007-09-01
作品名稱 Determining optimal selling price and lot size with a varying rate of deterioration and exponential partial backlogging
作品名稱（其他語言）
著者 Dye, Chung-Yuan; Hsieh, Tsu-pang; 歐陽良裕; Ouyang, Liang-yuh
單位 淡江大學經營決策學系
出版者 Elsevier
著錄名稱、卷期、頁數 European Journal of Operational Research 181(2), pp.668-678
摘要 In this paper, a deterministic inventory model for deteriorating items with price-dependent demand is developed. The demand and deterioration rates are continuous and differentiable function of price and time, respectively. In addition, we allow for shortages and the unsatisfied demand is partially backlogged at a negative exponential rate with the waiting time. Under these assumptions, for any given selling price, we first develop the criterion for the optimal solution for the replenishment schedule, and prove that the optimal replenishment policy not only exists but also is unique. If the criterion is not satisfied, the inventory system should not be operated. Next, we show that the total profit per unit time is a concave function of price when the replenishment schedule is given. We then provide a simple algorithm to find the optimal selling price and replenishment schedule for the proposed model. Finally, we use numerical examples to illustrate the algorithm.
關鍵字 EOQ; Pricing; Deterioration; Partial backlogging
語言 en
ISSN 0377-2217
期刊性質 國外
收錄於 SCI EI
產學合作
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審稿制度
國別
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