Pricing Strategy with Exponential Declining Demand Using Preservation Cost
The inventory model of seasonal products is developed in which the deterioration controlled by investing some cost of item preservation technology. In diminishing market, price sensitiveness analyzed with an exponentially declining demand. The object is to optimize the total profit per unit time,...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Operations research society of Taiwan
2017-03-01
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Series: | International Journal of Operations Research |
Subjects: | |
Online Access: | http://www.orstw.org.tw/ijor/vol14no1/IJOR2017_vol14_no1_p1_p10.pdf |