In this paper, from the two economic concepts of the price elasticity of demand and the cross elasticity of demand, under the assumption that the operator's management goal is to obtain the profit maximization, the a...In this paper, from the two economic concepts of the price elasticity of demand and the cross elasticity of demand, under the assumption that the operator's management goal is to obtain the profit maximization, the author established the mathematical model of the adjustment of the optimal price of the substituting commodity.展开更多
The mathematical model of the demander versus supplier has been presented by adopting optimization theories, the economical order quantity (EOQ) and economic production quantity (EPQ) has further been studied. The...The mathematical model of the demander versus supplier has been presented by adopting optimization theories, the economical order quantity (EOQ) and economic production quantity (EPQ) has further been studied. Then under the consideration of Pareto optimization, a joint decision model of price and lead time discount and lot size has been presented. Further more the sensitive analysis of price and lead time discount are analyzed with an empirical example.展开更多
文摘In this paper, from the two economic concepts of the price elasticity of demand and the cross elasticity of demand, under the assumption that the operator's management goal is to obtain the profit maximization, the author established the mathematical model of the adjustment of the optimal price of the substituting commodity.
文摘The mathematical model of the demander versus supplier has been presented by adopting optimization theories, the economical order quantity (EOQ) and economic production quantity (EPQ) has further been studied. Then under the consideration of Pareto optimization, a joint decision model of price and lead time discount and lot size has been presented. Further more the sensitive analysis of price and lead time discount are analyzed with an empirical example.