Inventory model with nonlinear price-dependent demand for non-instantaneous decaying items via advance payment and installment facility

Inventory model with nonlinear price-dependent demand for non-instantaneous decaying items via advance payment and installment facility

Determining the joint pricing and ordering policy is a challenging task for policy-makers dealing with perishable items. This research deals with the inventory coordination for a decaying commodity under a non-linear price-sensitive demand structure where the policy-maker completes the payment parti...

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Bibliographic Details
Main Authors: Avijit Duary, Md. Al-Amin Khan, Sayan Pani, Ali Akbar Shaikh, Ibrahim M. Hezam, Adel Fahad Alraheedi, Jeonghwan Gwak
Format: Article
Language:English
Published: AIMS Press 2022-09-01
Series:AIMS Mathematics
Subjects:
eoq
non-linear price-dependent demand
non-instantaneous decay items
advance payment
partial backlogged shortages
Online Access:https://www.aimspress.com/article/doi/10.3934/math.20221085?viewType=HTML

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https://www.aimspress.com/article/doi/10.3934/math.20221085?viewType=HTML

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