Joint pricing and replenishment policy f
โ
Hui-Ming Wee
๐
Article
๐
1995
๐
Elsevier Science
๐
English
โ 664 KB
This study deals with a deteriorating inventory model where demand decreases linearly with time and cost of items. Planning horizon is assumed to be finite, the replenishment cycles are constant and shortages are partially back-ordered. The net profit maximizing ordering policy and price are determ