An EOQ Model for Perishable Item with Stock Dependent Demand and Price Discount Rate

2010 ◽  
Vol 30 (3-4) ◽  
pp. 299-316 ◽  
Author(s):  
Shib Sankar Sana
2019 ◽  
Vol 26 (4) ◽  
pp. 1365-1395 ◽  
Author(s):  
Ali Akbar Shaikh ◽  
Md. Al-Amin Khan ◽  
Gobinda Chandra Panda ◽  
Ioannis Konstantaras

2013 ◽  
Vol 2013 ◽  
pp. 1-18 ◽  
Author(s):  
Biswajit Sarkar ◽  
Shib Sankar Sana ◽  
Kripasindhu Chaudhuri

When some suppliers offer trade credit periods and price discounts to retailers in order to increase the demand of their products, retailers have to face different types of discount offers and credits within which they have to take a decision which is the best offer for them to make more profit. The retailers try to buy perfect-quality items at a reasonable price, and also they try to invest returns obtained by selling those items in such a manner that their business is not hampered. In this point of view, we consider an economic order quantity (EOQ) model for various types of time-dependent demand when delay in payment and price discount are permitted by suppliers to retailers. The models of various demand patterns are discussed analytically. Some numerical examples and graphical representations are considered to illustrate the model.


2014 ◽  
Vol 24 (1) ◽  
pp. 99-110 ◽  
Author(s):  
Manisha Pal ◽  
Sujan Chandra

In this paper we study a periodic review inventory model with stock dependent demand. When stock on hand is zero, the inventory manager offers a price discount to customers who are willing to backorder their demand. Permissible delay in payments allowed to the inventory manager is also taken into account. Numerical examples are cited to illustrate the model.


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