Name
Title | ||
|---|---|---|
Prices and order quantities of substitutable products in an EPQ model over different uncertain finite budget constraints. |
Abstract | ||
|---|---|---|
In current scenario, big departmental stores used to work more efficiently with the items that can be substituted either with optimum order quantities or selling prices of the products. In this paper, the models are determined as the total profit maximization problem with uncertain finite budget fuzzy constraints thereby solved through a gradient based search technique-GRG (Generalized Reduced Gradient) method. The prices and optimal order quantities of substitutable items are obtained so that total profit for store owner is maximum. |
Year | DOI | Venue |
|---|---|---|
2017 | 10.3233/JIFS-161499 | JOURNAL OF INTELLIGENT & FUZZY SYSTEMS |
Keywords | Field | DocType |
Selling price,optimal order quantities,substitution,inventory problems,profit,EPQ model,finite budget constraint | Mathematical economics,Budget constraint,Mathematics | Journal |
Volume | Issue | ISSN |
33 | 1 | 1064-1246 |
Citations | PageRank | References |
0 | 0.34 | 8 |
Authors | ||
4 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Rakesh L. Das | 1 | 0 | 0.34 |
| Ranjan Kumar Jana | 2 | 0 | 0.34 |
| Manoranjan De | 3 | 0 | 1.35 |
| Manoranjan Maiti | 4 | 514 | 47.77 |