Quantity discount decisions under conditions of multiple items, multiple suppliers and resource limitations

Quantity discount decisions under conditions of multiple items, multiple suppliers and resource limitations

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Article ID: iaor199256
Country: United Kingdom
Volume: 29
Issue: 10
Start Page Number: 1953
End Page Number: 1961
Publication Date: Oct 1991
Journal: International Journal of Production Research
Authors:
Keywords: quantity discount
Abstract:

This research considers quantity discount procedures under conditions of multiple items, resource limitations and multiple suppliers. This is a very complex problem that has not yet been addressed in the literature. The paper offers an efficient heuristic programming procedure for evaluating alternative discount schedules. Moreover it uses an example problem to test the suggested procedure. The results offer several encouraging findings for managers facing this impressive problem.

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