Title
Optimal ordering for a probabilistic one-time discount.
Abstract
•A new model that captures the uncertainty of one-time discounts and generalizes previous work.•An insightful analysis of the optimal policy.•The optimal policy is shown to be one of four intuitive non-dominated policies.•Numerical illustrations that provide additional insights on the problem and the solution.
Year
DOI
Venue
2015
10.1016/j.ejor.2015.02.020
European Journal of Operational Research
Keywords
Field
DocType
Inventory,One-time discount,Special purchasing,Economic order quantity,
Mathematical optimization,Economics,Economic order quantity,Microeconomics,Purchasing,Probabilistic logic,Phenomenon,Operations management
Journal
Volume
Issue
ISSN
244
3
0377-2217
Citations 
PageRank 
References 
2
0.42
11
Authors
3
Name
Order
Citations
PageRank
Yaron Shaposhnik130.79
Yale T. Herer2548.98
Hussein Naseraldin381.92