IDEAS home Printed from https://ideas.repec.org/a/eee/proeco/v112y2008i2p1000-1001.html
   My bibliography  Save this article

A note on: Optimal ordering policies in response to a discount offer

Author

Listed:
  • Goyal, S.K.
  • Jaber, M.Y.

Abstract

In this short note, we are suggesting a marginal analysis approach over the approach used by Sarker and Al Kindi [2006, Optimal ordering policies in response to a discount offer. International Journal of Production Economics 100(2), 195-211] for developing models for determining the optimal ordering policy for an item for which the supplies offer a price discount during a sale period.

Suggested Citation

  • Goyal, S.K. & Jaber, M.Y., 2008. "A note on: Optimal ordering policies in response to a discount offer," International Journal of Production Economics, Elsevier, vol. 112(2), pages 1000-1001, April.
    • Handle: RePEc:eee:proeco:v:112:y:2008:i:2:p:1000-1001
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0925-5273(07)00297-6
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sarker, Bhaba R. & Al Kindi, Mahmood, 2006. "Erratum to "Optimal ordering policies in response to discount offer" [International Journal of Production Economics 100 (2006) 195-211]," International Journal of Production Economics, Elsevier, vol. 103(2), pages 895-895, October.
    2. Sarker, Bhaba R. & Al Kindi, Mahmood, 2006. "Optimal ordering policies in response to a discount offer," International Journal of Production Economics, Elsevier, vol. 100(2), pages 195-211, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ata Allah Taleizadeh & Hadi Samimi & Babak Mohammadi, 2015. "Joint replenishment policy with backordering and special sale," International Journal of Systems Science, Taylor & Francis Journals, vol. 46(7), pages 1172-1198, May.
    2. Taleizadeh, Ata Allah & Mohammadi, Babak & Cárdenas-Barrón, Leopoldo Eduardo & Samimi, Hadi, 2013. "An EOQ model for perishable product with special sale and shortage," International Journal of Production Economics, Elsevier, vol. 145(1), pages 318-338.
    3. Ramasesh, Ranga V., 2010. "Lot-sizing decisions under limited-time price incentives: A review," Omega, Elsevier, vol. 38(3-4), pages 118-135, June.
    4. Karimi-Nasab, M. & Konstantaras, I., 2013. "An inventory control model with stochastic review interval and special sale offer," European Journal of Operational Research, Elsevier, vol. 227(1), pages 81-87.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Taleizadeh, Ata Allah & Pentico, David W. & Aryanezhad, Mirbahador & Ghoreyshi, Seyed Mohammad, 2012. "An economic order quantity model with partial backordering and a special sale price," European Journal of Operational Research, Elsevier, vol. 221(3), pages 571-583.
    2. Ramasesh, Ranga V., 2010. "Lot-sizing decisions under limited-time price incentives: A review," Omega, Elsevier, vol. 38(3-4), pages 118-135, June.
    3. Pal, Brojeswar & Sana, Shib Sankar & Chaudhuri, Kripasindhu, 2014. "Joint pricing and ordering policy for two echelon imperfect production inventory model with two cycles," International Journal of Production Economics, Elsevier, vol. 155(C), pages 229-238.
    4. Chih-Te Yang & Liang-Yuh Ouyang & Kun-Shan Wu & Hsiu-Feng Yen, 2012. "Optimal ordering policy in response to a temporary sale price when retailer's warehouse capacity is limited," European Journal of Industrial Engineering, Inderscience Enterprises Ltd, vol. 6(1), pages 26-49.
    5. Kevin Hsu, Wen-Kai & Yu, Hong-Fwu, 2009. "EOQ model for imperfective items under a one-time-only discount," Omega, Elsevier, vol. 37(5), pages 1018-1026, October.
    6. Li, Linda & Miller, David & Schmidt, Charles P., 2016. "Optimizing inventory׳s contribution to profitability in a regulated utility: The Averch–Johnson effect," International Journal of Production Economics, Elsevier, vol. 175(C), pages 132-141.
    7. Kim, Young-Joo & Hwang, Hark, 2008. "Incremental discount policy for taxi fare with price-sensitive demand," International Journal of Production Economics, Elsevier, vol. 112(2), pages 895-902, April.
    8. Karimi-Nasab, M. & Konstantaras, I., 2013. "An inventory control model with stochastic review interval and special sale offer," European Journal of Operational Research, Elsevier, vol. 227(1), pages 81-87.
    9. Yiju Wang & Hengxia Gao & Wei Xing, 2018. "Optimal replenishment and stocking strategies for inventory mechanism with a dynamically stochastic short-term price discount," Journal of Global Optimization, Springer, vol. 70(1), pages 27-53, January.
    10. Ata Allah Taleizadeh & Hadi Samimi & Babak Mohammadi, 2015. "Joint replenishment policy with backordering and special sale," International Journal of Systems Science, Taylor & Francis Journals, vol. 46(7), pages 1172-1198, May.
    11. Shaposhnik, Yaron & Herer, Yale T. & Naseraldin, Hussein, 2015. "Optimal ordering for a probabilistic one-time discount," European Journal of Operational Research, Elsevier, vol. 244(3), pages 803-814.
    12. Marcos Singer & Patricio Donoso & Garo Konstantinidis, 2009. "Who wants to break the hockey-stick sales pattern in the supply chain?," Annals of Operations Research, Springer, vol. 169(1), pages 131-147, July.
    13. Chang, Horng-Jinh & Lin, Wen-Feng & Ho, Jow-Fei, 2011. "Closed-form solutions for Wee's and Martin's EOQ models with a temporary price discount," International Journal of Production Economics, Elsevier, vol. 131(2), pages 528-534, June.
    14. Arnold, Jan & Minner, Stefan & Eidam, Björn, 2009. "Raw material procurement with fluctuating prices," International Journal of Production Economics, Elsevier, vol. 121(2), pages 353-364, October.
    15. Taleizadeh, Ata Allah & Mohammadi, Babak & Cárdenas-Barrón, Leopoldo Eduardo & Samimi, Hadi, 2013. "An EOQ model for perishable product with special sale and shortage," International Journal of Production Economics, Elsevier, vol. 145(1), pages 318-338.
    16. Chan, Chi Kin & Lee, Y.C.E., 2012. "A co-ordination model combining incentive scheme and co-ordination policy for a single-vendor–multi-buyer supply chain," International Journal of Production Economics, Elsevier, vol. 135(1), pages 136-143.
    17. Taleizadeh, Ata Allah & Zarei, Hamid Reza & Sarker, Bhaba R., 2017. "An optimal control of inventory under probablistic replenishment intervals and known price increase," European Journal of Operational Research, Elsevier, vol. 257(3), pages 777-791.
    18. Tian, Xiaoge & Chen, Weiming & Hu, Jinglu, 2023. "Game-theoretic modeling of power supply chain coordination under demand variation in China: A case study of Guangdong Province," Energy, Elsevier, vol. 262(PA).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:112:y:2008:i:2:p:1000-1001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ijpe .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.