An optimal deteriorating production model for a multi-market with time-varying and price-sensitive demand

• Main Authors: Huang Yung Yen, 黃雍晏
• Other Authors: 楊伯中
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/31330644405397284794

碩士 === 聖約翰科技大學 === 工業工程與管理系碩士班 === 99 === For globalization and technological advances, the manufacturer has more selling opportunities in various selling seasons between geographically dispersed markets; also pose new challenges in production and inventory planning. Since the sale seasons of hi-tech products in various markets may overlap or discrete, and the demand may change with time and selling price, demand becomes a complicated discontinuous function. The paper considered out of date as a type of deterioration and developed a deteriorating production-inventory model when a manufacturer sells goods to multi-market with various selling seasons. Optimal product pricing and material replenishment strategy is derived to optimize manufacturer’s total profit. Sensitivity analyses of how the major parameters to affect the decision variables were carried out. Finally, the single production cycle is extended to multiple production cycles. We find that the total profit for multiple production cycle increases 5.77% more than that for single production cycle.