A Study on the Toleration to be Inventory Storage under the Price Discount

가격할인 하의 재고부족 허용에 관한 연구

  • 최진영 (경기대학교 첨단산업공학부) ;
  • 김병찬 (경기대학교 대학원 산업공학과)
  • Published : 2001.06.01

Abstract

In this paper, we consider an inventory system in case the toleration to be inventory stortage under the price discount. It has been observed that suppliers suggest a free addition of marketing policy like a price discount. A major reason for a supplier to offering a free addition to a customers is to stimulate the demand and to decrease a total cost. but, If we not adapting to the toleration to be inventory-lacking, we will a burden holding costs in a relation to the holding of inventory. This paper, is a combination of the toleration of inventory shortage and the condition of discount price. The costs are defined as the sum of the ordering, holding, shortage, purchasing and opportunity costs. Based on numerical results, conclusions follow about the total of operation costs the division of the shortage rate of inventory.

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