On Retailers Order Policy-One Way Substitution against Quality Unreliable Commodities

摘要：

In order to obtain maximum expected profit,we discuss the retailers ordering policy for quality unreliable and one-way substitutable commodities.AT first,the retailers optimal ordering policy is got through mathematical calculation,and then we discuss the effect of customers penalty,defective rate and substitutable price to retailers optimal order quantity and maximum expected profit.At last,we draw a conclusion:The retailers optimal order quantity of product including defective items and maximum expected profit are decreasing constantly while the customers penalty and defective rate are increasing,but the optimal order quantity of completely qualified product is increasing.If the product of including defective items is out of stock the retailer can make use of the completely qualified product substitutes it,and the retailer will choose the substitutable price is higher than that of substituted product.

关键词： quality unreliable one-way substitution ordering policy

作者: Hui-feng Tao Xu Chen

作者单位: School of Economics & Management,Southwest Jiaotong University,P.R.China,610031 School of Management, University of Electronic Science and Technology of China,P.R.China,610054

会议类型: 国际会议

会议名称: 2006 Interntional Conferecne on Management of Logistics and Supply Chain(2006物流与供应链管理国际研讨会)

会议地点: 长沙

会议语种:英文

页码: 492-498

在线出版日期: 2006-09-20（万方平台首次上网日期，不代表论文的发表时间）