A Joint Multi-item Replenishment Model with Gross Amount Discount
Tang Qin-shen
Zhou Yong-wu
Hu Shu-an
Abstract:Based on the traditional model of quantity discount , it is amended for the case of gross amount discount to make the model more practical .Specific solution procedure and algorithm are proposed to solve the amended model .Also, numerical examples as well as sensitive analysis are presented .The result shows that when the supplier offers gross amount discount , partial ordering policy does not always dominate full ordering policy , but changes with parameters .The model is more practical and easier to apply in the production and sale of joint multi-item replenishment .
Keywords:multi-itemjointly replenishmentgross amount discounteconomic order quantity(EOQ)
Publication Date:2014-01-01
Online Publishing Date:2025-08-15(First online date of this platform, not the publication date of the document)
Pages:5( 56-60 )
Industrial Engineering Journal

Industrial Engineering Journal

PKUISTIC
ISSN:1007-7375
Year, Vol.(Issue):2014,(3)