A Research On The Decision Of Stochastic Stock Based On Price Strategy

The stock is a topic which cannot avoid in the production, each commercial organization has certain goods in stock, the stock is advantageous in solve uncertain questions in production and sale. This paper has studied commercial organization's ordering strategy and production strategy after introduces the price strategy in the stock management.Many of the current research literature regarded demand as an exogenous variable. This paper introduces the price strategy in the inventory model, changes the demand with the price, then stock changed. Price is one of the most common economic phenomena in people's daily life. Price can affect people's demand. Price is not only the economic interest modifier between the round turns, and is also the very important variable in the market. Price not only can influence enterprise profit, and is also important means for competition.Firstly this paper introduce the research significance, the status of present research, then reviewed knowledge relate to stock. Secondly give an inventory model which demand changes with price after vendor provide a discount price. Then extend the model to multistage, give the optimal model of vendor and shopkeeper, and then give the optimal model of supply chain.The manufacturer's produce often restricted by productivities. This paper gives a manufacturer's inventory model in a limit period time. The demand distribution is normal distribution. Safety factor is introduced into the inventory model to guarantee supplier's certain customer service level.Finally this paper gives an example for price strategy. Limited by productivity, for seasonal product production, manufacturer often deal with demand by stock or by working overtime that can increase inventory cost and call-back pay. The paper uses price affect consume, reduce the inventory cost and the overtime pay, then enhance the seasonal product's profit in a certain degree.