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

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