Title :
Based on Credit Payments and Price Discount is the Optimal Inventory Model Metamorphic Goods
Author :
Lei Zhenhe ; Zhang Ya-Bo
Author_Institution :
Sch. of Sci., Tianjin Univ. of Technol. & Educ., Tianjin, China
Abstract :
Based on credit payments and price discount conditions, Discuss the bad rate for constant demand rate, with time and price of the related susceptible to deterioration of the optimal inventory model. Credit pay period compared with the size of the order cycle relationship, From its actual situation of wholesalers, Goal is the lowest annual expenses. The optimal solution specific algorithm, And numerical experiments.
Keywords :
finance; optimisation; pricing; stock control; credit pay period; credit payments; optimal inventory model metamorphic goods; optimal solution specific algorithm; optimization time; price discount conditions; Analytical models; Economic indicators; Educational institutions; Marketing and sales; Mathematical model; Numerical models; Supply chains; Credit pay; Inventory model; Metamorphic; Price discount;
Conference_Titel :
Intelligent Networks and Intelligent Systems (ICINIS), 2012 Fifth International Conference on
Conference_Location :
Tianjin
Print_ISBN :
978-1-4673-3083-1
DOI :
10.1109/ICINIS.2012.8