Decision makings in discount pricing policy for imperfect production system

In this paper, we discussed the effects of discount price on demand and profit in a diminishing market. A production plan has been suggested for an imperfect production system. Here, demand is considered to be price sensitive and negative power function of the selling price. This problem is solved b...

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Bibliographic Details
Main Authors: Khedlekar Uttam Kumar, Tiwari Ram Kumar
Format: Article
Language:English
Published: University of Belgrade 2019-01-01
Series:Yugoslav Journal of Operations Research
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0354-0243/2019/0354-02431800029K.pdf