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Economic ordering policy during special discount periods for dynamic inventory problems under certainty

Authors
Journal
Engineering Costs and Production Economics
0167-188X
Publisher
Elsevier
Publication Date
Volume
20
Issue
1
Identifiers
DOI: 10.1016/0167-188x(90)90014-9
Disciplines
  • Economics

Abstract

Abstract In this paper a procedure is given for determining the economic ordering policy for a product for which the supplier has offered a reduction in price during a given specified period. The demand for the product is assumed to be constant over an infinite time horizon. An example is given to illustrate this method.

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