Impact of publicity effort and variable ordering cost in multi-product order quantity model of units lost sales due to deterioration

Background: This model investigates the instantaneous multi-product economic order quantity model by allocating the percentage of units lost due to deterioration in an on-hand inventory with promotional investment and functional major ordering cost. The objective is to maximize the net profit so as...

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Bibliographic Details
Main Authors: Monalisha Pattnaik, Padmabati Gahan
Format: Article
Language:English
Published: Poznań School of Logistics 2018-09-01
Series:LogForum
Subjects:
Online Access:http://www.logforum.net/vol14/issue3/no10/14_3_10_18.pdf

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