| Article ID: | iaor2006758 |
| Country: | Cuba |
| Volume: | 26 |
| Issue: | 1 |
| Start Page Number: | 19 |
| End Page Number: | 32 |
| Publication Date: | Jan 2005 |
| Journal: | Revista de Investigacin Operacional |
| Authors: | Shah Nita H., Dixit Vandana M. |
| Keywords: | inventory: order policies |
This article reviews the literature on quantitatively oriented approaches for determining lot-sizes when price discounts are offered. We provide a review of existing literature, concentrating on descriptions of the types of problems that have been solved and important structural results. We identify a variety of shortcomings of the literature in addressing problems encountered in practice.