کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1135855 956119 2011 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A particle swarm optimization for solving joint pricing and lot-sizing problem with fluctuating demand and trade credit financing
موضوعات مرتبط
مهندسی و علوم پایه سایر رشته های مهندسی مهندسی صنعتی و تولید
پیش نمایش صفحه اول مقاله
A particle swarm optimization for solving joint pricing and lot-sizing problem with fluctuating demand and trade credit financing
چکیده انگلیسی

Pricing is a major strategy for a retailer to obtain its maximum profit. Furthermore, under most market behaviors, one can easily find that a vendor provides a credit period (for example 30 days) for buyers to stimulate the demand, boost market share or decrease inventories of certain items. Therefore, in this paper, we establish a deterministic economic order quantity model for a retailer to determine its optimal selling price, replenishment number and replenishment schedule with fluctuating demand under two levels of trade credit policy. A particle swarm optimization is coded and used to solve the mixed-integer nonlinear programming problem by employing the properties derived in this paper. Some numerical examples are used to illustrate the features of the proposed model.

Research highlights
► Studied a deteriorating inventory system with fluctuating demand and trade credit financing.
► PSO is coded and used to solve the problem by employing the properties derived from this paper.
► The computational results indicated that the PSO algorithm offers acceptable efficiency and accurate search capability.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Computers & Industrial Engineering - Volume 60, Issue 1, February 2011, Pages 127–137
نویسندگان
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