This paper investigates an inventory control problem where a firm orders and sells an inventory item
through discount strategy in a price sensitive market.
From the economic points of view, customers may expect a further price reduction when a firm uses
pricing promotion to stimulate demand, the demand curve may vertically shift down
when a firm reduces the selling price.
Taking these phenomena into account, this paper developed a continuous
inventory model for finding the ordering quantity,...
Various topics related to reverse logistics have been discussed
over the years. Most of them have assumed that facilities are kept
open once they are established, and no returned products or recovery
parts are stocked in intermediate recycling stations. However, firms
may have the right to repeatedly open or close their facilities
according to their economic benefits if they can acquire their
facilities by lease. It also turns out that intermediate recycling
stations like collection centers...
Various topics related to reverse logistics have been discussed
over the years. Most of them have assumed that facilities are kept
open once they are established, and no returned products or recovery
parts are stocked in intermediate recycling stations. However, firms
may have the right to repeatedly open or close their facilities
according to their economic benefits if they can acquire their
facilities by lease. It also turns out that intermediate recycling
stations like collection centers...
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