Inventory Control Models with Motivational Policies

Business & Finance, Management & Leadership, Operations Research, Production & Operations Management
Cover of the book Inventory Control Models with Motivational Policies by Ata Allah Taleizadeh, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ata Allah Taleizadeh ISBN: 9783319727158
Publisher: Springer International Publishing Publication: February 13, 2018
Imprint: Springer Language: English
Author: Ata Allah Taleizadeh
ISBN: 9783319727158
Publisher: Springer International Publishing
Publication: February 13, 2018
Imprint: Springer
Language: English

This book examines the different motivational policies used for inventory management. In many competitive markets, sellers use motivational policies to encourage the customers to buy more and these kinds of strategies are used as competitive tools. This book brings together all the motivational policies for lot sizing decisions and offers a useful guide for inventory control. Each chapter applies deterministic inventory models such as economic order quantity (EOQ) and economic production quantity (EPQ), but also stochastic models for the motivational policy covered. The book begins exploring quantity discounts such as all-unit and incremental discounts. It then looks at delayed payment or trade credit policies that are applied by many suppliers and/or wholesalers to increase their sales. The motivational policies covered in the following chapters are dedicated to advance payment/prepayment schemes and also special sales offered by retailers to increase sales levels or decrease the inventory level. Finally the book concludes with a review of announced price increases, which persuades customers to buy a product at the current price, rather than paying more for it in the future. Inventory Control Models with Motivational Policies should be useful for professionals working on supply chains, but also researchers in operations research and inventory management.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book examines the different motivational policies used for inventory management. In many competitive markets, sellers use motivational policies to encourage the customers to buy more and these kinds of strategies are used as competitive tools. This book brings together all the motivational policies for lot sizing decisions and offers a useful guide for inventory control. Each chapter applies deterministic inventory models such as economic order quantity (EOQ) and economic production quantity (EPQ), but also stochastic models for the motivational policy covered. The book begins exploring quantity discounts such as all-unit and incremental discounts. It then looks at delayed payment or trade credit policies that are applied by many suppliers and/or wholesalers to increase their sales. The motivational policies covered in the following chapters are dedicated to advance payment/prepayment schemes and also special sales offered by retailers to increase sales levels or decrease the inventory level. Finally the book concludes with a review of announced price increases, which persuades customers to buy a product at the current price, rather than paying more for it in the future. Inventory Control Models with Motivational Policies should be useful for professionals working on supply chains, but also researchers in operations research and inventory management.

More books from Springer International Publishing

Cover of the book Difficult Conditions in Laparoscopic Urologic Surgery by Ata Allah Taleizadeh
Cover of the book Nutrition Support for the Critically Ill by Ata Allah Taleizadeh
Cover of the book Economic and Environmental Policy Issues in Indian Textile and Apparel Industries by Ata Allah Taleizadeh
Cover of the book Augmenting Health and Social Care Students’ Clinical Learning Experiences by Ata Allah Taleizadeh
Cover of the book Multi-Technology Positioning by Ata Allah Taleizadeh
Cover of the book Edge Detection Methods Based on Generalized Type-2 Fuzzy Logic by Ata Allah Taleizadeh
Cover of the book Strategy is Digital by Ata Allah Taleizadeh
Cover of the book Security of Industrial Control Systems and Cyber-Physical Systems by Ata Allah Taleizadeh
Cover of the book Controversies in Cardiology by Ata Allah Taleizadeh
Cover of the book Advances in Multimedia Information Processing - PCM 2016 by Ata Allah Taleizadeh
Cover of the book Lean Education: An Overview of Current Issues by Ata Allah Taleizadeh
Cover of the book Hybrid Soft Computing for Image Segmentation by Ata Allah Taleizadeh
Cover of the book The Gülen Movement by Ata Allah Taleizadeh
Cover of the book Neural Information Processing by Ata Allah Taleizadeh
Cover of the book Frictionless Markets by Ata Allah Taleizadeh
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy