Advance sales system with price-dependent demand and an appreciation period under trade credit.
學年 102
學期 2
發表日期 2014-05-17
作品名稱 Advance sales system with price-dependent demand and an appreciation period under trade credit.
作品名稱（其他語言）
著者 鄭美娟; Cheng, Mei-Chuan; 歐陽良裕; Liang-Yuh Ouyang
作品所屬單位 管理科學學系暨研究所
出版者
會議名稱 The 2014 International Conference in Management Sciences and Decision Making
會議地點 Tamkang University
摘要 With globalization, companies are facing fierce competition. Offering appreciation period has become a commonly adopted method to retailers in order to sustain competitive advantage. During the appreciation period, customers can make a request to return products for any kind of reason. In addition, retailers provide advance sales to attract more customers. The supplier usually provides the retailer a trade credit to attract more customers who consider it to be a type of price reduction. Price is viewed as an important vehicle to sell products and enhance revenues. Therefore, in this article, we establish an inventory model with price-dependent demand for a retailer who simultaneously receives trade credit from its supplier, and offers advance sales and appreciation period to its customers. We first establish a proper model, and then provide an easy-to-use method to obtain ordering policy for the retailer to achieve its maximum total profit. Finally, numerical examples are given to illustrate the solution procedure.
關鍵字 Inventory;Trade credit;Advance sales;Return products;Finance
語言 en
收錄於
會議性質 國際
校內研討會地點 淡水校園
研討會時間 20140517~20140517
通訊作者 Mei-Chuan Cheng
國別 TWN
公開徵稿
出版型式
出處 Proceeding of the 2014 International Conference in Management Sciences and Decision Making
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