Displaying similar documents to “An integrated supplier-buyer inventory model with conditionally free shipment under permissible delay in payments.”

Optimal times of price reductions for an inventory model with partial backorder and vertical shift demand

Peng-Sheng You (2007)

RAIRO - Operations Research


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...