An inventory model with incremental quantity discounts and transshipment costs

Abraham Mendoza; José A. Ventura

An inventory model with incremental quantity discounts and transshipment costs

Abraham Mendoza
, José A. Ventura

Harold and Inge Marcus Department of Industrial and Manufacturing Engineering

Research output: Contribution to conference › Paper › peer-review

Abstract

This paper provides an optimal policy for a single-stage inventory problem with a constant demand rate, incremental quantity discounts, and a transshipment cost that includes two simultaneous modes of transportation, truckload shipments and less than truckload carriers. The proposed algorithm finds the minimum of the non-convex cost function at each interval defined by the breakpoints of the quantity discounts.

Original language	English (US)
State	Published - 2005
Event	IIE Annual Conference and Exposition 2005 - Atlanta, GA, United States Duration: May 14 2005 → May 18 2005

Other

Other	IIE Annual Conference and Exposition 2005
Country/Territory	United States
City	Atlanta, GA
Period	5/14/05 → 5/18/05

All Science Journal Classification (ASJC) codes

General Engineering

Cite this

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title = "An inventory model with incremental quantity discounts and transshipment costs",

abstract = "This paper provides an optimal policy for a single-stage inventory problem with a constant demand rate, incremental quantity discounts, and a transshipment cost that includes two simultaneous modes of transportation, truckload shipments and less than truckload carriers. The proposed algorithm finds the minimum of the non-convex cost function at each interval defined by the breakpoints of the quantity discounts.",

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AU - Ventura, José A.

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N2 - This paper provides an optimal policy for a single-stage inventory problem with a constant demand rate, incremental quantity discounts, and a transshipment cost that includes two simultaneous modes of transportation, truckload shipments and less than truckload carriers. The proposed algorithm finds the minimum of the non-convex cost function at each interval defined by the breakpoints of the quantity discounts.

AB - This paper provides an optimal policy for a single-stage inventory problem with a constant demand rate, incremental quantity discounts, and a transshipment cost that includes two simultaneous modes of transportation, truckload shipments and less than truckload carriers. The proposed algorithm finds the minimum of the non-convex cost function at each interval defined by the breakpoints of the quantity discounts.

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UR - https://www.scopus.com/pages/publications/33749256654#tab=citedBy

M3 - Paper

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T2 - IIE Annual Conference and Exposition 2005

Y2 - 14 May 2005 through 18 May 2005

ER -

An inventory model with incremental quantity discounts and transshipment costs

Abstract

Other

All Science Journal Classification (ASJC) codes

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