Price dependent procurement decisions in one-period inventory problem

Date

1989

Editor(s)

Advisor

Şahin, İzzet

Supervisor

Co-Advisor

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Instructor

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Volume

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Pages

Language

English

Type

Journal Title

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Volume Title

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Abstract

In this work the classical newsboy model is extended by introducing a price dependent demand pattern. It is intended to obtain optimal procurement and pricing decisions for maximizing the expected profit. It is shown that, both decisions can be made simultaneously if we are able to identify the effects of price on the demand process.

Course

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Keywords

Degree Discipline

Industrial Engineering

Degree Level

Master's

Degree Name

MS (Master of Science)

Citation

Published Version (Please cite this version)