A Partial Backlogging Inventory Model for Deteriorating Items with Fluctuating Selling Price and Purchasing Cost
In today’s competitive markets, selling price and purchasing cost are usually fluctuating with economic conditions. Both selling price and purchasing cost are vital to the profitability of a firm. Therefore, in this paper, I extend the inventory model introduced by Teng and Yang (2004) to allow for...
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| Format: | Article |
| Language: | English |
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Hindawi Limited
2012-01-01
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| Series: | Advances in Operations Research |
| Online Access: | http://dx.doi.org/10.1155/2012/385371 |