Note on supplier-restricted order quantity under temporary price discounts

Peter Chu (), Patrick Chen () and Thomas Niu ()

Mathematical Methods of Operations Research, 2003, vol. 58, issue 1, 147 pages

Abstract: In this technical note, we consider the optimal replenishment strategies for a continuous review inventory model in which temporary price discounts are offered subject to supplier-obligatory restrictions on the special order quantity. We prove that the minimum inventory level during the on-sale period is the optimal replenishment time for the supplier-restricted inventory model. Copyright Springer-Verlag Heidelberg 2003

Keywords: Inventory; Discount; Operations Research (search for similar items in EconPapers)
Date: 2003
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DOI: 10.1007/s001860200272

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