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Faculty of Engineering
Document Details
Document Type
:
Article In Journal
Document Title
:
A Single Period Inventory Problem with Quadratic Demand Distribution under the Influence of Marketing Policies
مشكلة الجرد أحادية الفترة مع التوزيع التربيعي للطلب في ظل أثر سياسات التسويق
Subject
:
Mathematics
Document Language
:
English
Abstract
:
A single-period inventory problem is considered where demand is taken to be quadratic in nature. The model contains usual ingredients of a newsboy problem: sale price, purchase cost, salvage value and shortage cost. In addition, there is a cost per unit of marketing effort, and the demand distribution is stochastically increasing in that effort. It is assumed that the distribution of demand can be shifted up by an increase in sales effort. The paper deals with the simultaneous determination of optimal order quantity and sales effort. The optimum profit associated with optimum marketing effort is also determined. The sensitivity analysis of the results is provided, to consider variation in optimal order quantity and sales effort with the changes in unit sales price, unit purchase cost, unit salvage value, unit shortage cost and cost per unit of marketing effort.
ISSN
:
1319-1047
Journal Name
:
Engineering Sciences Journal
Volume
:
12
Issue Number
:
2
Publishing Year
:
1420 AH
2000 AD
Article Type
:
Article
Added Date
:
Thursday, February 4, 2010
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
ر. م. بهنداري
BHANDARI, R. M.
Investigator
Doctorate
Files
File Name
Type
Description
25081.pdf
pdf
A Single Period Inventory Problem with Quadratic Demand Distribution under the Influence of Marketing Policies
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