CRITERIA FOR EVALUATING PURCHASE QUANTITY DECISIONS IN RESPONSE TO FUTURE PRICE INCREASES

被引:13
作者
MARKOWSKI, EP
机构
[1] MIS, DS Department, College of Business and Public Adminstration, Norfolk
关键词
Ordering strategies; price change model; variable time horizon;
D O I
10.1016/0377-2217(90)90222-W
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Previous research for determining ordering strategies in response to known future price increases has not incorporated the actual cost functions. It is shown that, when these functions are utilized, the optimal strategy depends on the time horizon studied. An alternative criterion is offered which incorporates the actual cost comparisons and which provides recommendations consistent with previous research. The formulation given provides a general framework for studying ordering strategies based on price changes. © 1990.
引用
收藏
页码:364 / 370
页数:7
相关论文
共 6 条
[1]  
MARKOWSKI EP, 1986, J PURCHASING MAT FAL, P28
[2]  
Naddor E., 1966, INVENTORY SYSTEMS
[3]  
PETERSON R, 1979, DECISION SYSTEMS INV
[4]  
Tersine R.J., 1982, PRINCIPLES INVENTORY
[5]  
TERSINE RJ, 1982, J PURCHASING MAT SUM
[6]  
TERSINE RJ, 1978, J PURCHASING MATERIA, P20