Optimal batch size and raw material ordering policy for a production system with a price-quantity discount rate

DOI10.1080/09720510.2010.10701528zbMATH Open1211.90073OpenAlexW2320087525MaRDI QIDQ2997904

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Publication date: 10 May 2011

Published in: Journal of Statistics and Management Systems (Search for Journal in Brave)

Full work available at URL: http://www.connectjournals.com/file_html_pdf/930006H_jsms388_1149-1163a.pdf

zbMATH Keywords

ordering policylumpy demandoptimal batch sizeprice-quantity discount rate

Mathematics Subject Classification ID

Approximation methods and heuristics in mathematical programming (90C59) Production models (90B30)

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Optimal material ordering policy and allocation rule for a manufacturer making multiple products ⋮ Purchase quantity discounts and open order rescheduling in an assemble-to-order environment: The hidden economic tradeoffs

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