An economic order quantity model with partial backordering and a special sale price

作者：Taleizadeh Ata Allah; Pentico David W; Aryanezhad Mirbahador; Ghoreyshi Seyed Mohammad

来源：European Journal of Operational Research, 2012, 221(3): 571-583.

DOI：10.1016/j.ejor.2012.03.032

• Inventory
• EOQ
• Partial backordering
• Special sale prices

A constant unit purchase cost is one of the main assumptions in the classic economic order quantity model. In practice, suppliers sometimes offer special sale prices to stimulate sales or decrease inventories of certain items. In this paper we develop an EOQ model with a special sale price and partial backordering. We prove the convexity of the cost-reduction function if a special order is placed at the special sale price. A solution method is proposed and numerical examples are presented.

• 出版日期2012-9-16