| Article ID: | iaor20023553 |
| Country: | China |
| Volume: | 14 |
| Issue: | 3 |
| Start Page Number: | 27 |
| End Page Number: | 33 |
| Publication Date: | Sep 2001 |
| Journal: | Journal of Qingdao University |
| Authors: | Xu Lijian, Pang Qinghua |
| Keywords: | deteriorating items, discounts |
In this paper, we first give an inventory model for a single deteriorating item and obtain the optimal order policy. Then we study the conditions with price discounts and obtain an optimal order policy for inventory models with price discounts under two kinds of discount structure.