Eoq model under price change anticipation for a system with insufficient storage capacity

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Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/1290

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DC Field	Value	Language
dc.contributor.author	Shah, Nitin R.
dc.contributor.author	Shah, Y. K.
dc.date.accessioned	2010-03-15T04:11:39Z
dc.date.available	2010-03-15T04:11:39Z
dc.date.copyright	1990-03
dc.date.issued	2010-03-15T04:11:39Z
dc.identifier.uri	http://hdl.handle.net/11718/1290
dc.description.abstract	When a price change is announced in an inventory system, a one time decision has to be made to purchase a large quantity Q' before the price change becomes effective, to take advantage of current lower price. In this note, we consider a system having a limited storage capacity W<< Q', so that additional units are required to be stored in rented warehouse. Optimum value of Q' and corresponding gain are determined. The model is illustrated with an example.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1990/856
dc.subject	Price changes	en
dc.subject	Purchase quantity	en
dc.title	Eoq model under price change anticipation for a system with insufficient storage capacity	en
dc.type	Working Paper	en
Appears in Collections:	Working Papers

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