Comments on: A comparative analysis for determining optimal price and order quantity when a sale increases demand

European Journal of Operational Research

Volumn 109, Issue 1, 1998, Pages 228-241

  Joglekar, Prafulla ^a   Lee, Patrick ^b  

^a LA SALLE UNIVERSITY   (United States)

^b FAIRFIELD UNIVERSITY   (United States)

Author keywords

Inventory; One time only sale; Pricing

Indexed keywords

EID: 0042855279     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0377-2217(97)00106-9     Document Type: Article

References (14)

1. A. Ardalan, A discounted value approach in developing optimal ordering policies, The Engineering Economist 36 (1991) 297-306.
2. A. Ardalan, Optimal prices and order quantities when temporary price discounts result in increase in demand, European Journal of Operational Research 72 (1994) 52-61.
3. A. Ardalan, A comparative analysis of approaches for determining optimal price and order quantity when a sale increases demand, European Journal of Operational Research 84 (1995) 416-430.
4. D.C. Aucamp, P.J. Kuzdrall, Lot sizes for one-time-only sales, Journal of Operational Research Society 37 (1986) 79-86.
5. D.C. Aucamp, P.J. Kuzdrall, Order quantities with temporary price reductions, Journal of Operational Research Society 40 (1989) 937-940.
6. L.M. Austin, Project EOQ: A success story in implementing academic research, Interfaces 7 (1977) 1-12.
7. R.G. Brown, Decision Rules for Inventory Management, Holt, Rinehart and Winston, New York, NY, 1967.
8. G. Hadley, A comparison of order quantities computed using the average annual cost and the discounted cost, Management Science 10 (1964) 472-476.
9. R.W. Hall, Price changes and order quantities: Impacts of discount rate and storage costs, IIE Transactions 24 (1992) 104-110.
10. B. Lev, H.J. Weiss, Inventory models with cost changes, Operations Research 38 (1990) 53-63.
11. Naddor, E., Inventory Systems, Wiley, New York, NY, 1966.
12. S.G. Taylor, C.E. Bradley, Optimal ordering strategies for announced price increases, Operations Research 33 (2) (1985) 312-325.
13. R.J. Tersine, E.T. Grasso, Forward buying in response to announced price increases, Journal of Purchasing and Materials Management 14 (2) (1978) 20-22.
14. R.J. Tersine, A.B. Schwarzkopf, Optimal stock replenishment strategies in response to a temporary price reduction, Journal of Business Logistics 10(1989) 123-145.