Dynamic Pricing and Ordering Policy for Non-instantaneous Deteriorating Items

摘要：

In this paper,dynamic pricing and ordering policy for non-instantaneous deteriorating items is developed． Shortage is allowed and partially backlogged where as the backlogging rate is variable and dependent on the waiting time for the next replenishment．The major objective is to determine the optimal selling price and the optimal ordering policy simultaneously such that,the total profit is maximized．We first show that for any gjven selling price，optimal ordering policy schedule exists and unique．Then，we show that the total profit is a concave function of price．Next．we present a simple algorithm to find the optimal solution．Finally。we solve a numerical example to illustrate the solution procedure and the algorithm．

关键词： dynamic pricing non-instantaneous deteriorating items partial backlogging ordering policy

作者: Reza Maihami IsaNakhai Kamal Abadi

作者单位: Department of industrial engineering Tarbiat Modares University(TMU)Tehran,Iran

会议类型: 国际会议

会议名称: 2011 International Conference on Manufacturing and Industrial Engineering(ICMIE 2011)(2011年制造及工业工程国际会议)

会议地点: 海口

会议语种:英文

页码: 48-52

在线出版日期: 2011-02-22（万方平台首次上网日期，不代表论文的发表时间）