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Combined optimal price and optimal inventory replenishment policies when a sale results in increase in demand

โœ Scribed by Alireza Ardalan

Publisher
Elsevier Science
Year
1991
Tongue
English
Weight
933 KB
Volume
18
Category
Article
ISSN
0305-0548

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Optimal inventory and disposal policies
Optimal inventory and disposal policies in response to a sale
โœ Cheng-Kang Chen; K. Jo Min ๐Ÿ“‚ Article ๐Ÿ“… 1995 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 981 KB

We construct and analyze an EOQ-type model for a buyer who is just informed of a temporary sale. The buyer is assumed to have an option to place special orders and an option to dispose some of his on-hand inventory. The key feature differentiating our model from the extant literature on inventory mo