Multi-Level Inventory Management Considering Transportation Cost And Quantity Discount  

Oleh:

Pratomo, Eko ; Wee, Hui-Ming ; Sukoyo

Jenis: Article from Proceeding
Dalam koleksi: Proceeding The 7th International Seminar on Industrial Engineering and Management (7th ISIEM) di Bali, March 11th – 13th, 2014, page PS 72-77.
Topik: Inventory Management; Transportation Cost; All Quantities Discount
Fulltext: Paper 54 Eko Pratomo Chung Yuan Christian University.pdf (488.29KB)

Isi artikel

In recent years, Economic Order Quantity model has been studied by many researchers. Some of the researchers extended the model to consider real systems. In this research, we adopt EOQ model considering transportation cost and discount price. We studied the effect of all quantities discount price offered by warehouse on the total cost of retailers and warehouse. Numerical study shows that by 1-3% all quantities discount price with minimum order of 200-600 units, there is 1.37% margin cost. Managerial insights are suggested on how certain parameters influence decision policy

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