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Inventory Control Models with Motivational Policies pp 243–293Cite as

Known Price Increase

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Abstract

When a supplier announces either a temporary reduction or a permanent increase in the unit purchasing cost of an item, the buyer can generally decrease his total purchasing cost by placing a larger-than-normal special order. The decision about whether and how much to increase the order quantity should be made. Then, the decision problem is to determine the optimal quantity to order before a price increase by recognizing the imminent price increase and partial backordering. In this chapter several inventory systems with known price increase under different situations are presented.

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    Ata Allah Taleizadeh

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Taleizadeh, A.A. (2018). Known Price Increase. In: Inventory Control Models with Motivational Policies. Springer, Cham. https://doi.org/10.1007/978-3-319-72715-8_6

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