A mathematical model for perishable products with price- and displayed-stock-dependent demand

Title A mathematical model for perishable products with price- and displayed-stock-dependent demand
Author Onal, M., Yenipazarli, A., Kundakcıoğlu, Ömer Erhun
Publication Date: 2016-12
Publication Place - Elsevier
Subject Inventory management, Portfolio, Pricing, Optimization, Shelf space allocation
Type Periodical
Language English
Digital Yes
Manuscript No
Library: Özyeğin University
Library Asset ID 0360-8352
Record ID 81c6ce5d-0334-4911-8f8d-d03f9baa028c
Library Location Industrial Engineering
Date 2016-12
Sample Text We introduce an economic order quantity model that incorporates product assortment, pricing and space-allocation decisions for a group of perishable products. The goal is to maximize the retailer’s profit under shelf-space and backroom storage capacity constraints. We assume that the demand rate of a product is a function of the selling prices and the displayed stock levels of all the products in the assortment. We propose a Tabu Search based heuristic method to solve this complex problem.
DOI 10.1016/j.cie.2016.11.002
Cilt 102
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A mathematical model for perishable products with price- and displayed-stock-dependent demand

Author Onal, M., Yenipazarli, A., Kundakcıoğlu, Ömer Erhun
Publication Date 2016-12
Publication Place - Elsevier
Subject Inventory management, Portfolio, Pricing, Optimization, Shelf space allocation
Type Periodical
Language English
Digital Yes
Manuscript No
Library Özyeğin University
Library Asset ID 0360-8352
Record ID 81c6ce5d-0334-4911-8f8d-d03f9baa028c
Library Location Industrial Engineering
Date 2016-12
Sample Text We introduce an economic order quantity model that incorporates product assortment, pricing and space-allocation decisions for a group of perishable products. The goal is to maximize the retailer’s profit under shelf-space and backroom storage capacity constraints. We assume that the demand rate of a product is a function of the selling prices and the displayed stock levels of all the products in the assortment. We propose a Tabu Search based heuristic method to solve this complex problem.
DOI 10.1016/j.cie.2016.11.002
Cilt 102
Özyeğin University - Historical works, archives, and periodicals search engine
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