On Material Management for Two Echelon Periodical Product Models

Chinho Lin; Yihsu Lin

On Material Management for Two Echelon Periodical Product Models

Chinho Lin, Yihsu Lin

Research output: Contribution to conference › Paper › peer-review

Abstract

The paper proposes a two-stage inventory model for periodical products. Under the demand of endusers being normal, the manufacturing firm determines a wholesale price and the retailers order the products according to Newsboy Rule. We derive the wholesale price and material ordering quantity based on ensuing the optimization of the producer's profit. The necessary and sufficient conditions of the optimal solution are exploited for proposing a procedure to solve the problem.

Original language	English
Pages	1636-1641
Number of pages	6
Publication status	Published - 2002
Event	Decision Sciences Institute 2002 Proceedings - San Diego, CA, United States Duration: 2002 Nov 23 → 2002 Nov 26

Other

Other	Decision Sciences Institute 2002 Proceedings
Country/Territory	United States
City	San Diego, CA
Period	02-11-23 → 02-11-26

All Science Journal Classification (ASJC) codes

Management Information Systems
Hardware and Architecture

Cite this

@conference{9a9422d289df4e889cef845653160169,

title = "On Material Management for Two Echelon Periodical Product Models",

abstract = "The paper proposes a two-stage inventory model for periodical products. Under the demand of endusers being normal, the manufacturing firm determines a wholesale price and the retailers order the products according to Newsboy Rule. We derive the wholesale price and material ordering quantity based on ensuing the optimization of the producer's profit. The necessary and sufficient conditions of the optimal solution are exploited for proposing a procedure to solve the problem.",

author = "Chinho Lin and Yihsu Lin",

year = "2002",

language = "English",

pages = "1636--1641",

note = "Decision Sciences Institute 2002 Proceedings ; Conference date: 23-11-2002 Through 26-11-2002",

}

TY - CONF

T1 - On Material Management for Two Echelon Periodical Product Models

AU - Lin, Chinho

AU - Lin, Yihsu

PY - 2002

Y1 - 2002

N2 - The paper proposes a two-stage inventory model for periodical products. Under the demand of endusers being normal, the manufacturing firm determines a wholesale price and the retailers order the products according to Newsboy Rule. We derive the wholesale price and material ordering quantity based on ensuing the optimization of the producer's profit. The necessary and sufficient conditions of the optimal solution are exploited for proposing a procedure to solve the problem.

AB - The paper proposes a two-stage inventory model for periodical products. Under the demand of endusers being normal, the manufacturing firm determines a wholesale price and the retailers order the products according to Newsboy Rule. We derive the wholesale price and material ordering quantity based on ensuing the optimization of the producer's profit. The necessary and sufficient conditions of the optimal solution are exploited for proposing a procedure to solve the problem.

UR - http://www.scopus.com/inward/record.url?scp=1642523412&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=1642523412&partnerID=8YFLogxK

M3 - Paper

AN - SCOPUS:1642523412

SP - 1636

EP - 1641

T2 - Decision Sciences Institute 2002 Proceedings

Y2 - 23 November 2002 through 26 November 2002

ER -

On Material Management for Two Echelon Periodical Product Models

Abstract

Other

All Science Journal Classification (ASJC) codes

Other files and links

Fingerprint

Cite this