DocumentCode
577848
Title
The bi-ramp type demand and price discount inventory model for deteriorating items
Author
Zhou, Youjun
Author_Institution
Coll. of Math. & Inf. Sci., Guangxi Univ., Nanning, China
fYear
2012
fDate
6-8 July 2012
Firstpage
3298
Lastpage
3304
Abstract
The paper consider a inventory model for deteriorating items with being out of stock at the beginning, in which the supplies providing price discount and price-dependent and time-varying demand and so forth. The existence of the optimal solution is proved and an algorithm of the optimal ordering policy is given. Finally, we carry out the numerical experiments.
Keywords
inventory management; pricing; biramp type demand; deteriorating items; numerical experiments; optimal ordering policy; optimal solution; price discount inventory model; price-dependent demand; time-varying demand; Automation; Computational modeling; Educational institutions; Intelligent control; Mathematical model; Numerical models; Bi-Ramp type demand; deteriorating items; inventory model; price discount; total profit;
fLanguage
English
Publisher
ieee
Conference_Titel
Intelligent Control and Automation (WCICA), 2012 10th World Congress on
Conference_Location
Beijing
Print_ISBN
978-1-4673-1397-1
Type
conf
DOI
10.1109/WCICA.2012.6358442
Filename
6358442
Link To Document