Optimal ordering for a probabilistic one-time discount

DOI10.1016/J.EJOR.2015.02.020MaRDI QIDQ319463zbMATHOpenAlexFDO

Authors Yaron Shaposhnik, Yale T. Herer, Hussein Naseraldin

Publication date 6 October 2016

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2015.02.020

zbMATH Keywords

inventoryeconomic order quantityone-time discountspecial purchasing

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Recommendations

• Optimal order size to take advantage of a one-time discount offer with allowed backorders
• Lot Sizes for One-Time-Only Sales
• Probabilistic Time Scheduling Model for Exponentially Decaying Inventory under Temporary Price Discount
• Ordering and pricing policies for random discount offerings and permissible shortages
• Optimal ordering policy for inventory mechanism with a stochastic short-term price discount

Cites work

• scientific article; zbMATH DE number 976009 (Why is no real title available?)
• 98%-Effective Integer-Ratio Lot-Sizing for One-Warehouse Multi-Retailer Systems
• A Note on the Optimal EOQ for Announced Price Increases in the Infinite Horizon
• An economic order quantity model with partial backordering and a special sale price
• Cost Comparisons for Out-of-Phase Inventory Models
• EOQ Systems: The Case of an Increase in Purchase Cost
• Inventory Control with a Randomly Available Discount Purchase Price
• Inventory Models with Cost Changes
• Inventory control and periodic price discounting campaigns
• Note on supplier-restricted order quantity under temporary price discounts
• One time only incentives and inventory policies
• Optimal Control Policy for Stochastic Inventory Systems with Markovian Discount Opportunities
• Optimal EOQ for Announced Price Increases in Infinite Horizon
• Optimal Inventory Policies When Ordering Prices are Random
• Optimal Ordering Policies Under Conditions of Extended Payment Privileges
• Optimal Ordering Strategies for Announced Price Increases
• Optimal order size to take advantage of a one-time discount offer with allowed backorders
• Optimal prices and order quantities when temporary price discounts result in increase in demand
• Order Quantities with Temporary Price Reductions
• Ordering and inventory policies for step changes in the unit item cost: a discounted cash flow approach
• Replenishment and Stocking Policies for Inventory Systems with Random Deal Offerings
• Stochastic Prices in a Single-Item Inventory Purchasing Model
• The Value of Information Sharing in a Two-Level Supply Chain
• When is a base stock policy optimal in recovering disrupted cyclic schedules?

Cited in

(7)

• Order scoring, bandit learning and order cancellations
• Optimal ordering policy for inventory mechanism with a stochastic short-term price discount
• Optimal replenishment and stocking strategies for inventory mechanism with a dynamically stochastic short-term price discount
• Inventory model with a one-time opportunity to order extra items
• Lot Sizes for One-Time-Only Sales
• Optimal order size to take advantage of a one-time discount offer with allowed backorders
• Optimal replenishment strategy for inventory mechanism with step-shaped demand

This page was built for publication: Optimal ordering for a probabilistic one-time discount

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q319463)