Title :
Analysis on Optimal Ordering Policies in Response to a Temporary Sale
Author :
Lin, Robert Huang-Jing ; Hung, Kuo-Chen ; Julian, Peterson C.
Author_Institution :
Dept. of Inf. Manage., Oriental Inst. of Technol., Pan-Chiao
Abstract :
We study the paper of Ardalan that published in IIE Transactions for inventory model dealing a temporarily price deduction during the sale period. Many papers had quoted this paper in their reference. Several papers extended Ardalan´s model to more realistic systems. However, some questionable results in this paper had not been discussed and then revised. We will point out those questionable results and then provide improved solution.
Keywords :
inventory management; order processing; pricing; sales management; inventory model; optimal ordering policies; price deduction; temporary sale; Costs; Information analysis; Information management; Logistics; Marketing and sales; Size control; Technology management; Traffic control;
Conference_Titel :
Innovative Computing Information and Control, 2008. ICICIC '08. 3rd International Conference on
Conference_Location :
Dalian, Liaoning
Print_ISBN :
978-0-7695-3161-8
Electronic_ISBN :
978-0-7695-3161-8
DOI :
10.1109/ICICIC.2008.630
