Optimal ordering and pricing policy for price sensitive stock–dependent demand under progressive payment scheme
The terminal condition of inventory level to be zero at the end of the cycle time adopted by Soni and Shah (2008, 2009) is not viable when demand is stock-dependent. To rectify this assumption, we extend their model for (1) an ending – inventory to be non-zero; (2) limited floor space; (3) a profit...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Growing Science
2011-01-01
|
| Series: | International Journal of Industrial Engineering Computations |
| Subjects: | |
| Online Access: | http://www.growingscience.com/ijiec/Vol2/IJIEC_2011_13.pdf |