An inventory model with incremental quantity discounts and transshipment costs

Abraham Mendoza, Jose Antonio Ventura

Research output: Contribution to conferencePaper

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 languageEnglish (US)
StatePublished - Dec 1 2005
EventIIE Annual Conference and Exposition 2005 - Atlanta, GA, United States
Duration: May 14 2005May 18 2005

Other

OtherIIE Annual Conference and Exposition 2005
CountryUnited States
CityAtlanta, GA
Period5/14/055/18/05

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All Science Journal Classification (ASJC) codes

  • Engineering(all)

Cite this

Mendoza, A., & Ventura, J. A. (2005). An inventory model with incremental quantity discounts and transshipment costs. Paper presented at IIE Annual Conference and Exposition 2005, Atlanta, GA, United States.