A mathematical model for perishable products with price- and displayed-stock-dependent demand
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Dosyalar
Tarih
2016-12
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
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