An inventory model with random discount offerings

被引：24

作者：

Tajbakhsh, M. Mandi ^{[1
]}

Lee, Chi-Guhn ^{[2
]}

Zolfaghari, Saeed ^{[3
]}

机构：

[1] Dalhousie Univ, Dept Ind Engn, Halifax, NS B3J 2X4, Canada

[2] Univ Toronto, Dept Mech & Ind Engn, Toronto, ON M5S 3G8, Canada

[3] Ryerson Univ, Dept Mech & Ind Engn, Toronto, ON M5B 2K3, Canada

来源：

OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE | 2011年 / 39卷 / 06期

关键词：

Inventory management; Price discount; Stochastic price; Multiple suppliers; RANDOM OPPORTUNITIES; REPLENISHMENT; PRICE; SYSTEMS; ENVIRONMENT; POLICIES;

D O I：

10.1016/j.omega.2011.02.003

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

We consider an inventory model in which a supplier makes deal offers with random discount prices at random points in time. Assuming that discount offerings follow a Poisson process and discount price is a discrete random variable with a known distribution, we propose a continuous-review control policy for the model and derive optimality conditions for the policy parameters. The model is then extended to the case of multiple suppliers that offer discount deals with supplier-specific Poisson processes and discount prices. Numerical examples are presented to demonstrate cost savings due to discount offers. (C) 2011 Elsevier Ltd. All rights reserved.

引用

页码：710 / 718

页数：9

共 50 条

[31] On an inventory control model with random lead time and random demand
Kopytov, E
Greenglaz, L
ASMTA 2005: 12th International Conference on Analytical and Stochastic Modelling Techniques and Applications, Proceedings, 2005, : 151 - 154
[32] A deteriorating inventory model with tow storage facilities, partial backordering and quantity discount
Chiao, Huai-En
Wee, Hui-Ming
Yang, Po-Chung
PROCEEDINGS OF 2008 INTERNATIONAL CONFERENCE ON MACHINE LEARNING AND CYBERNETICS, VOLS 1-7, 2008, : 3903 - +
[33] THE INVENTORY SHORTAGE - ENIGMA OF THE DISCOUNT INDUSTRY
ASTOR, SD
JOURNAL OF RETAILING, 1964, 40 (02) : 31 - 42
[34] An Inventory Model for Product of Short Cycle Based on Discount Price and Advance Sales
Zhou Youjun
Pan Yiqian
Cao Liang
PROCEEDINGS OF THE 29TH CHINESE CONTROL CONFERENCE, 2010, : 1551 - 1554
[35] Ordering Cost Reduction in Inventory Model with Defective Items and Backorder Price Discount
Annadurai, Karuppuchamy
Uthayakumar, Ramasamy
JOURNAL OF OPTIMIZATION, 2014, 2014
[36] Two-Stage Inventory Model with Price Discount under Stochastic Demand
Qin, Yanhong
Qin, Xinghong
ADVANCES IN MULTIMEDIA, SOFTWARE ENGINEERING AND COMPUTING, VOL 1, 2011, 128 : 465 - +
[37] Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost
Kuppulakshmi, V.
Sugapriya, C.
Kavikumar, J.
Nagarajan, D.
MATHEMATICAL PROBLEMS IN ENGINEERING, 2023, 2023
[38] A PRODUCTION INVENTORY MODEL FOR AN ITEM WITH THREE PARAMETER WEIBULL DETERIORATION AND PRICE DISCOUNT
Pradhan, L. M.
Tripathy, C. K.
LOGFORUM, 2012, 8 (03)
[39] An Optimization Approach for A Joint Location Inventory Model Considering Quantity Discount Policy
Firoozi, Z.
Tang, S. H.
Ariafar, Sh.
Ariffin, M. K. A. M.
ARABIAN JOURNAL FOR SCIENCE AND ENGINEERING, 2013, 38 (04): : 983 - 991
[40] TWO PHASES INVENTORY MODEL WITH VARIABLE CYCLE LENGTH UNDER DISCOUNT POLICY
Pal, Brojeswar
Adhikari, Subhankar
RAIRO-OPERATIONS RESEARCH, 2020, 54 (01) : 1 - 18

← 1 2 3 4 5 →