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http://hdl.handle.net/11718/1290| Title: | Eoq model under price change anticipation for a system with insufficient storage capacity |
| Authors: | Shah, Nitin R. Shah, Y. K. |
| Keywords: | Price changes;Purchase quantity |
| Issue Date: | 15-Mar-2010 |
| Series/Report no.: | WP;1990/856 |
| 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. |
| URI: | http://hdl.handle.net/11718/1290 |
| Appears in Collections: | Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| WP 1990_856.pdf | 390.19 kB | Adobe PDF | View/Open |
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