Optimal Pricing Strategy for Local Distribution Centers
Publish place: 9th International Management Conference
Publish Year: 1390
نوع سند: مقاله کنفرانسی
زبان: English
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شناسه ملی سند علمی:
IRIMC09_044
تاریخ نمایه سازی: 22 فروردین 1393
Abstract:
This paper presents a new model to determine selling price, carrying cost and batch size of multi items in a supply chain, simultaneously. The supply chain includes a wholesaler and a set of independent local distribution centers positioned around the wholesaler, geographically and the primary objective is to maximize the total profit of the wholesaler. The proposed model of this paper is formulated as a genera concave quadratic function subject to some linear constraints. This type of problem is classified as a reverse convex program where the optimal solution lies on extreme points. S greedy heuristic algorithm is proposed to locate the near optimal solutions and the results are compared with an efficient upper bound. The proposed method of this paper is also applied for a real world case study.
Keywords:
Multi ItemHMulti PeriodY Local Distribution EntersY HeuristicY Optimal PricingY Supply Chain
Authors
S.J Sadjadi
IE Department, Iran University of Science and Technology, Iran
M Karimi-Nasab
IE Department, Iran University of Science and Technology, Iran
D Shishebori
IE Department, Iran University of Science and Technology, Iran