Article ID: | iaor1989458 |
Country: | Netherlands |
Volume: | 40 |
Issue: | 1 |
Start Page Number: | 38 |
End Page Number: | 42 |
Publication Date: | May 1989 |
Journal: | European Journal of Operational Research |
Authors: | Drezner Z., Wesolowsky G.O. |
Keywords: | commerce |
This article gives an exact optimal solution to the problem of finding the optimal discount price and price break quantity for a seller dealing with one buyer. It also gives a method for solving the problem when one seller offers a single quantity discount schedule to many buyers. The discount is of the ‘all quantity’ type and the model of the cost structure was originally proposed by Crowther.