On Material Management for Two Echelon Periodical Product Models

Chinho Lin, Yihsu Lin

Research output: Contribution to conferencePaper

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 languageEnglish
Pages1636-1641
Number of pages6
Publication statusPublished - 2002 Dec 1
EventDecision Sciences Institute 2002 Proceedings - San Diego, CA, United States
Duration: 2002 Nov 232002 Nov 26

Other

OtherDecision Sciences Institute 2002 Proceedings
CountryUnited States
CitySan Diego, CA
Period02-11-2302-11-26

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All Science Journal Classification (ASJC) codes

  • Management Information Systems
  • Hardware and Architecture

Cite this

Lin, C., & Lin, Y. (2002). On Material Management for Two Echelon Periodical Product Models. 1636-1641. Paper presented at Decision Sciences Institute 2002 Proceedings, San Diego, CA, United States.