IDEAS home Printed from https://ideas.repec.org/a/ids/ijsoma/v28y2017i3p279-308.html
   My bibliography  Save this article

Joint production planning, pricing and inventory control for deteriorating items

Author

Listed:
  • Hamed Pouralikhani
  • Mohammad Mohammadi
  • Bahman Naderi

Abstract

In this paper, an inventory model with time and price dependent demand is developed in two echelon supply chain consists of producer and retailer. Deterioration rate considering in this model is assumed to follow Weibull distribution with known parameters. In addition, shortage is allowed in retailer and partially backlogged. The purpose of this research is to maximise the profits for firms which one side retailer finds the selling price and the economic order quantity simultaneously, and another side producer optimises production time and the number of delivery. The optimal decisions are determined by a proposed solution algorithm, and a numerical example is solved to endorse it. Eventually, sensitivity analysis on the optimal solution is carried out, and also some practical examples are presented.

Suggested Citation

  • Hamed Pouralikhani & Mohammad Mohammadi & Bahman Naderi, 2017. "Joint production planning, pricing and inventory control for deteriorating items," International Journal of Services and Operations Management, Inderscience Enterprises Ltd, vol. 28(3), pages 279-308.
    • Handle: RePEc:ids:ijsoma:v:28:y:2017:i:3:p:279-308
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=87286
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijsoma:v:28:y:2017:i:3:p:279-308. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=150 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.