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