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서지반출
A Robust Joint Optimal Pricing and Lot-Sizing Model
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  • A Robust Joint Optimal Pricing and Lot-Sizing Model
  • A Robust Joint Optimal Pricing and Lot-Sizing Model
저자명
Lim. Sungmook
간행물명
Management science and financial engineering : MSFE
권/호정보
2012년|18권 2호|pp.23-27 (5 pages)
발행정보
한국경영과학회
파일정보
정기간행물|ENG|
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이 논문은 한국과학기술정보연구원과 논문 연계를 통해 무료로 제공되는 원문입니다.
서지반출

기타언어초록

The problem of jointly determining a robust optimal bundle of price and order quantity for a retailer in a single-retailer, single supplier, single-product supply chain is considered. Demand is modeled as a decreasing power function of product price, and unit purchasing cost is modeled as a decreasing power function of order quantity and demand. Parameters defining the two power functions are uncertain but their possible values are characterized by ellipsoids. We extend a previous study in two ways; the purchasing cost function is generalized to take into account the economies of scale realized by higher product demand in addition to larger order quantity, and an exact transformation into an equivalent convex optimization program is developed instead of a geometric programming approximation scheme proposed in the previous study.