A mathematical model for perishable products with price- and displayed-stock-dependent demand

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Tarih

2016-12

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Elsevier Ltd

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Araştırma projeleri

Organizasyon Birimleri

Dergi sayısı

Özet

We introduce an economic order quantity model that incorporates product assortment, pricing and space-allocation decisions for a group of perishable products. The goal is to maximize the retailer's profit under shelf-space and backroom storage capacity constraints. We assume that the demand rate of a product is a function of the selling prices and the displayed stock levels of all the products in the assortment. We propose a Tabu Search based heuristic method to solve this complex problem.

Açıklama

Anahtar Kelimeler

Inventory management, Optimization, Portfolio, Pricing, Shelf space allocation, Costs, Economic analysis, Inventory control, Tabu search, Displayed stock levels, Economic order quantity models, Perishable product, Product assortment, Stock-dependent demand, Optimal replenishment policy, EOQ model, Inventory model, Holding cost, Shelf-space, Assortment, Deterioration, Optimization, System

Kaynak

Computers and Industrial Engineering

WoS Q Değeri

Q1

Scopus Q Değeri

Q1

Cilt

102

Sayı

Künye

Önal, M., Yenipazarlı, A. & Kundakçıoğlu, Ö. E. (2016). A mathematical model for perishable products with price- and displayed-stock-dependent demand. Computers and Industrial Engineering, 102, 246-258. doi:10.1016/j.cie.2016.11.002