Optimal selling price and lot size for non-instantaneous deteriorating items with different demand rates and partial backlogging Online publication date: Fri, 11-May-2018
by Ajay S. Gor; Hetal R. Patel
International Journal of Procurement Management (IJPM), Vol. 11, No. 3, 2018
Abstract: This study is an extension of Maihami and Kamalabadi (2012a) (Int. J. Production Economics, Vol. 136, pp.116-122) by taking the demand rate as general function of price and time and it is different in different time interval. When deterioration starts, price discount is offered. This study also considers deterioration rate as general function of time. Back order rate is also taken as general function to develop a model. Numerical examples are presented to illustrate the model. Sensitivity analysis is carried out for major parameters and some managerial insights are proposed.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Procurement Management (IJPM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com