A REPLENISHMENT POLICY FOR ITEM WITH PRICE DEPENDENT DEMAND AND DETERIORATING UNDER MARKDOWN POLICY

A REPLENISHMENT POLICY FOR ITEM WITH PRICE DEPENDENT DEMAND AND DETERIORATING UNDER MARKDOWN POLICY

Many researches on deteriorating inventory model have been developed in recent years. This paper develops deteriorating inventory model with price-dependent demand and uses markdown policy to increase profit. Two examples are used to explain the model and some interesting results are derived. Markdo...

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Bibliographic Details
Main Authors: Hui Ming Wee, Gede Agus Widyadana
Format: Article
Language:English
Published: Petra Christian University 2007-01-01
Series:Jurnal Teknik Industri
Subjects:
inventory
deteriorating item
markdown
price dependent demand.
Online Access:http://puslit2.petra.ac.id/ejournal/index.php/ind/article/view/16708

Internet

http://puslit2.petra.ac.id/ejournal/index.php/ind/article/view/16708

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