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ISSN: 2333-9721
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A Temporary Price Discounts Model Considering Time Value of Money for Deteriorating Goods
考虑货币时间价值的变质商品临时价格折扣模型

Keywords: supply chain management,deteriorating items,temporary price discounts,inventory,pricing
供应链管理
,变质商品,临时价格折扣,库存,定价

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Abstract:

To investigate retailers' optimal policy when they face temporary price discounts afforded by suppliers for deteriorating items, we build a temporary price discounts model which considering time value of money, for exponentially deteriorating items. We also analyse the different pricing and inventory policy in two different environments when the inventory is zero and not zero. A numerical example is given to illustrate the model.

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