Optimal order policy in response to announced price increase for deteriorating items with limited special order quantity
學年 102
學期 2
出版（發表）日期 2014-03-31
作品名稱 Optimal order policy in response to announced price increase for deteriorating items with limited special order quantity
作品名稱（其他語言）
著者 Ouyang, Liang-Yuh; Wu, Kun-Shan; Yang, Chih-Te; Yen, Hsiu-Feng
單位 淡江大學管理科學學系
出版者 Abingdon: Taylor & Francis
著錄名稱、卷期、頁數 International Journal of Systems Science International Journal of Systems Science 47(3), pp.718-729
摘要 When a supplier announces an impending price increase due to take effect at a certain time in the future, it is important for each retailer to decide whether to purchase additional stock to take advantage of the present lower price. This study explores the possible effects of price increases on a retailer's replenishment policy when the special order quantity is limited and the rate of deterioration of the goods is assumed to be constant. The two situations discussed in this study are as follows: (1) when the special order time coincides with the retailer's replenishment time and (2) when the special order time occurs during the retailer's sales period. By analysing the total cost savings between special and regular orders during the depletion time of the special order quantity, the optimal order policy for each situation can be determined. We provide several numerical examples to illustrate the theories in practice. Additionally, we conduct a sensitivity analysis on the optimal solution with respect to the main parameters.
關鍵字 inventory;deteriorating items;price increase;limited special order quantity
語言 en
ISSN 0020-7721 ; 1464-5319
期刊性質 國外
收錄於 SCI
產學合作
通訊作者 Yang, Chih-Te
審稿制度 是
國別 GBR
公開徵稿
出版型式 ,電子版,紙本
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