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This study deals with an imperfect EPQ (economic production quantity) price dependent inventory model over two types of cycles: in the first cycle, the retailer sells only good product with actual price and, in the second, he sells the products with a discount price. In the production run-time,...
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In this paper, the authors study a multi-item deterministic EOQ (economic order quantity) model for a vendor when the demand rate of the essential commodities decreases quadratically with increasing sales price and increase exponentially with increasing level of price breaks. A price discount is...
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The objective of this paper is to develop a multi-echelon supply chain model for multiple-markets with different selling seasons. Here, two suppliers are involved to supply the raw materials to the manufacturer where the main supplier may face supply disruption after a random time and the...
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The authors study the well-known order quantity model in a three-player context, using a framework of newsboy problem. An expected average cost function of the chain by trading off inventory cost and shortage costs is formulated which is minimized to obtain optimal order sizes of the supplier,...
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