Multi-buyer discount pricing (Q1117816): Difference between revisions
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Latest revision as of 13:40, 19 June 2024
scientific article
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English | Multi-buyer discount pricing |
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Multi-buyer discount pricing (English)
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1989
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This article gives an exact optimal solution to the problem of finding the optimal discount price and price break quantity for a seller dealing with one buyer. It also gives a method for solving the problem when one seller offers a single quantity discount schedule to many buyers. The discount is of the `all quantity' type and the model of the cost structure was originally proposed by \textit{J. Crowther} [Harvard Business Review 42 (1967)].
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exact optimal solution
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optimal discount price
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