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Inventory Control Models with Motivational Policies / by Ata Allah Taleizadeh

Publisher (Cham : Springer International Publishing : Imprint: Springer)
Year 2018
Edition 1st ed. 2018.
Authors *Taleizadeh, Ata Allah author
SpringerLink (Online service)

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OB00147938 Springer Business and Management eBooks (電子ブック) 9783319727158

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Material Type E-Book
Media type 機械可読データファイル
Size XVII, 304 p : online resource
Notes This book examines the different motivational policies used for inventory management. In many competitive markets, sellers use motivational policies to encourage the customers to buy more and these kinds of strategies are used as competitive tools. This book brings together all the motivational policies for lot sizing decisions and offers a useful guide for inventory control. Each chapter applies deterministic inventory models such as economic order quantity (EOQ) and economic production quantity (EPQ), but also stochastic models for the motivational policy covered. The book begins exploring quantity discounts such as all-unit and incremental discounts. It then looks at delayed payment or trade credit policies that are applied by many suppliers and/or wholesalers to increase their sales. The motivational policies covered in the following chapters are dedicated to advance payment/prepayment schemes and also special sales offered by retailers to increase sales levels or decrease the inventory level. Finally the book concludes with a review of announced price increases, which persuades customers to buy a product at the current price, rather than paying more for it in the future. Inventory Control Models with Motivational Policies should be useful for professionals working on supply chains, but also researchers in operations research and inventory management
HTTP:URL=https://doi.org/10.1007/978-3-319-72715-8
Subjects LCSH:Business logistics
LCSH:Operations research
LCSH:Decision making
LCSH:Engineering economics
LCSH:Engineering economy
FREE:Logistics
FREE:Operations Research/Decision Theory
FREE:Engineering Economics, Organization, Logistics, Marketing
Classification LCC:HD38.5
DC23:658.5
ID 8000014410
ISBN 9783319727158

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