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系统工程理论与实践 2004
A Temporary Price Discounts Model Considering Time Value of Money for Deteriorating Goods
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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.