Kevin Hsu, Wen-Kai; Yu, Hong-Fwu - In: Omega 37 (2009) 5, pp. 1018-1026
In practice, when a supplier is confronted with extreme completion in markets, unanticipated surplus in inventory, or change in the production run of a product, he/she may offer a special price discount to motivate buyers to order a special quantity. The purpose of the present paper is to...