| Article ID: | iaor200277 |
| Country: | United States |
| Volume: | 31 |
| Issue: | 1 |
| Start Page Number: | 131 |
| End Page Number: | 136 |
| Publication Date: | Jan 2000 |
| Journal: | International Journal of Systems Science |
| Authors: | Rahim M.A., Banerjee P.K., Kabadi S.N. |
| Keywords: | deteriorating items |
This paper develops a single-period inventory model where the stock begins to deteriorate at a random point in time within the period. Once this deterioration begins, the selling price can be adjusted once at that point. Optimum order size and pricing policies are determined for such an inventory model through a numerical illustration.