DocumentCode
2700896
Title
A more efficient procedure for determining an optimum purchase quantity with an all-unit discount schedule
Author
Leung, Kit-Nam Francis
Author_Institution
Dept. of Manage. Sci., City Univ. of Hong Kong, Kowloon
fYear
2008
fDate
20-23 June 2008
Firstpage
1091
Lastpage
1095
Abstract
In this study, we consider the problem of determining the optimum purchase quantity when the seller offers an all-unit discount on large purchases. We propose a more efficient procedure for determining the optimum lot size. Three examples have been solved to illustrate the procedure and also been solved using another three procedures so that comparisons can be made.
Keywords
purchasing; all-unit discount schedule; large purchases; optimum lot size; optimum purchase quantity; Automation; Conference management; Cost function; Economic indicators; Marketing and sales; Processor scheduling;
fLanguage
English
Publisher
ieee
Conference_Titel
Information and Automation, 2008. ICIA 2008. International Conference on
Conference_Location
Changsha
Print_ISBN
978-1-4244-2183-1
Electronic_ISBN
978-1-4244-2184-8
Type
conf
DOI
10.1109/ICINFA.2008.4608161
Filename
4608161
Link To Document