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In this paper, we present an inventory model with stock-dependent demand and deteriorating inventory. It is assumed that the deterioration rate follows a three-parameter Weibull distribution. The strategy of offering discounts in the selling price to boost demand is studied. The optimal discount...
Persistent link: https://www.econbiz.de/10005048926
In this paper, we present an inventory model with stock-dependent demand and deteriorating inventory. It is assumed that the deterioration rate follows a three-parameter Weibull distribution. The strategy of offering discounts in the selling price to boost demand is studied. The optimal discount...
Persistent link: https://www.econbiz.de/10008563416
In this study, the coordinated inventory models with allowable trade credit are developed. The demand is considered to be price-sensitive and decreasing function of time. The models consider the two-level trade credit policy, i.e., vendor offers some credit period to buyer and buyer in turn...
Persistent link: https://www.econbiz.de/10009352812