EOQ model for perishable products with price-dependent demand, pre and post discounted selling price

[摘要] In this article we introduce an economic order quantity model for perishable products like vegetables, fruits, milk, flowers, meat, etc.,with price-dependent demand, pre and post discounted selling price. Here we consider the demand is depending on selling price and deterioration rate is constant. Here we developed mathematical model to determine optimal discounton the unit selling price to maximize total profit. Numerical examples are given for illustrated.

[发布机构] Department of Mathematics, School of Advanced Sciences, VIT University, Vellore; 632014, India^1

[效力级别] 工业技术

[关键词] Deterioration rates;Economic order quantity models;EOQ models;Perishable product;Price dependent demand;Selling prices;Total profits