Comments on: a comparative analysis for determining optimal price order quantity when a sale increases demand

Article Abstract:

An evaluation of a previous study concluding that a wholesaler implements suboptimal policies when using the net present value (NPV) criterion in offering a one-time only discount on price-elastic products reveals that the suggestion is based on inaccurate models and inconsistent comparisons. An analysis finds that the situation may be dependent on retailer decisions to implement optimal decisions resulting from either the NPV criterion or the average profit criterion and not the retailer's choice of criterion.

Pricing Policy, Analysis, Pricing

---

Balancing stocks, flexible recipe costs and high service level requirements in a batch process industry: a study of a small scale model

Article Abstract:

A small scale model found that in some instance, recipe flexibility can reduce costs when compared to fixed recipes, however, for other instances, only the safety stock should be used. The optimum price discrepancy between materials, for which recipe flexibility is still beneficial, was found to be 15.7%, a level that is rather big for this type of industries. The small scale model offer significant realizations for analyzing difficult and realistic situations.

Production Planning & Control, Manufacturing industry, Manufacturing industries, Production control, Production planning

---

Similar abstracts:

• Abstracts: Cost externalities and corporate diversification. Quantity leadership and social inefficiency
• Abstracts: An iterative algorithm for scheduling UET tasks with due dates and release times. Insertion techniques for static and dynamic resource-constrained project scheduling
• Abstracts: The synthetic hierarchy method: an optimizing approach to obtaining priorities in the AHP. Customer satisfaction analysis: identification of key drivers
• Abstracts: An interactive approach for vector optimization problems. Single item lot sizing problems. On finding dissimilar Pareto-optimal paths
• Abstracts: Application of multi-steps forecasting for restraining the bullwhip effect and improving inventory performance under autoregressive demand

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.