%0 Journal Article %1 CárdenasBarrón20101642 %A Cárdenas-Barrón, Leopoldo Eduardo %A Smith, Neale R. %A Goyal, Suresh Kumar %D 2010 %J Applied Mathematical Modelling %K dis %N 6 %P 1642 - 1652 %R 10.1016/j.apm.2009.09.013 %T Optimal order size to take advantage of a one-time discount offer with allowed backorders %U http://www.sciencedirect.com/science/article/pii/S0307904X09002911 %V 34 %X In this paper, we develop an inventory model for determining the optimal ordering policies for a buyer who operates an inventory policy based on an EOQ-type model with planned backorders when the supplier offers a temporary fixed-percentage discount and has specified a minimum quantity of additional units to purchase. A distinguishing feature of the model is that both fixed and linear backorder costs are included, whereas previous works include only the linear backordering cost. A numerical study is performed to provide insight into the behavior of the model.

@article{CárdenasBarrón20101642, abstract = {In this paper, we develop an inventory model for determining the optimal ordering policies for a buyer who operates an inventory policy based on an EOQ-type model with planned backorders when the supplier offers a temporary fixed-percentage discount and has specified a minimum quantity of additional units to purchase. A distinguishing feature of the model is that both fixed and linear backorder costs are included, whereas previous works include only the linear backordering cost. A numerical study is performed to provide insight into the behavior of the model. }, added-at = {2013-06-05T11:23:47.000+0200}, author = {Cárdenas-Barrón, Leopoldo Eduardo and Smith, Neale R. and Goyal, Suresh Kumar}, biburl = {https://www.bibsonomy.org/bibtex/297c8bcbb412ecbebb75c1810f5a129b3/yili}, description = {ScienceDirect.com - Applied Mathematical Modelling - Optimal order size to take advantage of a one-time discount offer with allowed backorders}, doi = {10.1016/j.apm.2009.09.013}, interhash = {ccd9d23e78b6667b96b52825ec7623be}, intrahash = {97c8bcbb412ecbebb75c1810f5a129b3}, issn = {0307-904X}, journal = {Applied Mathematical Modelling }, keywords = {dis}, number = 6, pages = {1642 - 1652}, timestamp = {2013-06-05T11:23:47.000+0200}, title = {Optimal order size to take advantage of a one-time discount offer with allowed backorders }, url = {http://www.sciencedirect.com/science/article/pii/S0307904X09002911}, volume = 34, year = 2010 }