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Inventory Decision Model With Short-term Price Discount And Allowing Two Special Replenishment

Posted on:2019-12-16Degree:MasterType:Thesis
Country:ChinaCandidate:C ChengFull Text:PDF
GTID:2439330548466446Subject:Operational Research and Cybernetics
Abstract/Summary:PDF Full Text Request
Price discount is an effective means to make enterprises gain high profits,increase the market share of products and enhance the competitiveness of products.It can have a huge effect by stimulating consumption.In order to achieve the highest profit,enterprises often use a variety of methods to carry out business sales,such as bundling sales,attacking weak links in weak markets and so on.As the most common and effective means of stimulating consumption,price discount has been widely used by various enterprises,which makes the price discount in all kinds of market,has received the wide attention.For both suppliers and retailers,price discounts have an irreplaceable advantage:For suppliers,through the price discount price can reduce the purchase cost of retailers and retailers in order to more enjoy lower purchase price,will increase its better,retailers increase after order,the supplier's inventory decreases,thus reducing the cost of goods goods and inventory carrying costs,at the same time,can also help clean up the inventory increase liquidity Stand in the perspective of the retailer,to lower the price of the stock certainly meant profits increase.However,reducing the purchase price of the retailer is bound to hurt the profit of the supplier,so the price discount provided by the supplier to the retailer is time-limited and won't take too long.In an inventory system where a supplier offers price discounts within a certain period of time and allows retailer to make a maximum of two discounts on a discount price,the supplier offers a certain price discount to the retailer at some point in the future,and the retailer can place an order at a discount for a discount,but at most twice.Standing on retailers angle,this paper aimed at retailers can better enjoy price discount and can set up for retailers to choose procurement and inventory strategy model.When a retailer can enjoy a discount price for a certain period of time,it lists an alternative ordering strategy.
Keywords/Search Tags:Inventory management, replenishment and stocking strategy, no shortage, short-term price discount, global optimization strategy
PDF Full Text Request
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