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Sensitivity Analysis for Joint Pricing and Lot-sizing Model with Price Dependent Demand under Day terms Supplier Credit in a Two-stage Supply Chain

첫 페이지 보기
  • 발행기관
    국제문화기술진흥원 바로가기
  • 간행물
    International Journal of Advanced Culture Technology(IJACT) KCI 등재 바로가기
  • 통권
    Volume 8 Number 2 (2020.06)바로가기
  • 페이지
    pp.270-276
  • 저자
    Seong-Whan Shinn
  • 언어
    영어(ENG)
  • URL
    https://www.earticle.net/Article/A378149

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원문정보

초록

영어
In this paper, we analyze the buyer’s joint pricing and lot-sizing model in a two-stage supply chain consisting of the supplier, the buyer and the customer. It is assumed that the supplier will permit a certain fixed period for settling the amount the buyer owes to him for the items supplied in order to stimulate the demand for the product. Generally, credit transactions would have a positive effect to the buyer. The availability of credit transactions from the supplier effectively reduces the cost of holding stocks for the buyer and therefore, the buyer has a lot of price options to choose his sales price for a customer in anticipation of increased the customer’s demand and, as a result, it will appear to increase the buyer’s inventory levels. On the other hand, in the case of decaying products in which their utility decay over time, the decaying rate with time may be expected to reduce inventory levels. In this regard, we need to analyze how much the length of credit period and the decaying rate affect the buyer’s pricing and lot-sizing policy. For the analysis, we consider the situation where the customer’s demand is represented as a linearly decreasing function of the buyer’s sales price. From this perspective, we formulate the buyer’s annual net profit and analyze the effect of the length of credit period and decaying rate of the product on the buyer’s inventory policy numerically.

목차

Abstract
1. Introduction
2. Mathematical model and model analysis
3. Sensitivity analysis
4. Conclusion
References

키워드

Credit period Pricing Lot-Sizing Linear decreasing demand function Sensitivity analysis

저자

  • Seong-Whan Shinn [ Department of Advanced Materials & Chemical Engineering, Halla University ] Corresponding Author

참고문헌

자료제공 : 네이버학술정보

간행물 정보

발행기관

  • 발행기관명
    국제문화기술진흥원 [The International Promotion Agency of Culture Technology]
  • 설립연도
    2009
  • 분야
    공학>공학일반
  • 소개
    본 진흥원은 문화기술(Culture Technology) 관련 산·학·연·관으로 구성된 비영리 단체이다. 문화기술(CT)은 정보통신기술(ICT), 문화적 사고 기반의 예술, 인문학, 디자인, 사회과학기술이 접목된 신융합기술(New Convergence Technology, NCT)로 정의한다. 인간의 삶의 질을 향상시키고, 진보된 방향으로 변화시키고, 문화기술 관련 분야의 학술 및 기술의 발전과 진흥에 공헌하기 위하여, 제3조의 필요한 사업을 행함을 그 목적으로 한다.

간행물

  • 간행물명
    International Journal of Advanced Culture Technology(IJACT)
  • 간기
    계간
  • pISSN
    2288-7202
  • eISSN
    2288-7318
  • 수록기간
    2013~2025
  • 등재여부
    KCI 등재
  • 십진분류
    KDC 600 DDC 700

이 권호 내 다른 논문 / International Journal of Advanced Culture Technology(IJACT) Volume 8 Number 2

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