A dynamic quantity discount lot size model with resales

  • Sohn, Kwon-ik
  • Hwang, Hark C.
Citations

SCOPUS

10

초록

This paper deals with a dynamic lot size problem in which the unit purchasing price depends on the quantity of an order and resale of the excess is possible at the end of each period. We assume an all units discount system with a single price break point. Investigation of the properties of an optimal solution allows us to develop a dynamic programming algorithm. A problem example is solved to illustrate the algorithm. © 1987 Elsevier Science Publishers B.V. (North-Holland).

키워드

dynamic programmingInventoryplanning
제목
A dynamic quantity discount lot size model with resales
저자
Sohn, Kwon-ikHwang, Hark C.
DOI
10.1016/S0377-2217(87)80171-6
발행일
1987
유형
Article
저널명
European Journal of Operational Research
28
3
페이지
293 ~ 297