Reconsidering the distribution structure of gasoline products for a large oil company
Article Abstract:
Large oil companies or petroleum firms have substantial logistics problems related to their distribution networks. Operational costs can be minimized by the redesign of the firm's distribution systems. The redesign process can be accomplished by breaking down the systems into intermediate stages involving oil depot location and client assignment, cyclical delivery scheduling and route planning. Finally, a feedback mechanism can be integrated into the systems for information consistency to achieve minimal logistic costs.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1995
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Pricing strategy for deteriorating items using quantity discount when demand is price sensitive
Article Abstract:
An optimal pricing and ordering policy for a deteriorating item with price sensitive demand is developed. The sensitivity analysis, shows that the consideration of deterioration, price-sensitive parameter and the integrated vendor-buyer strategy with quantity discount pricing strategy is also significant, resulted in an increase in the total joint profit.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2004
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