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 Dec 1 |
| 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 | United States |
| City | San Diego, CA |
| Period | 02-11-23 → 02-11-26 |
Fingerprint
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.