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Inventory Control Models with Motivational Policies

Authors: Taleizadeh, Ata Alalh

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  • Focuses on inventory control systems in which a motivational policies is used
  • Introduce all motivational policies through which seller can increase his/her sale
  • Includes numerical examples for all developed mathematical models to support the their applicability
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  • ISBN 978-3-319-72715-8
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Softcover $159.00
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About this book

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.

About the authors

Ata Allah Taleizadeh is an Associate Professor and the Head of the Supply Chain and Logistic Engineering Department at the University of Tehran. He received his Ph.D in Industrial Engineering at the Iran University of Science and Technology. He is an Associate Editor for many scientific journals including the Journal of Industrial Engineering, International and the International Journal of Applied and Computational Mathematics. His research interests include inventory and material management, pricing and revenue optimization, game theory, and Sustainable Supply Chain Management.

Table of contents (6 chapters)

Table of contents (6 chapters)

Buy this book

eBook $119.00
price for USA in USD
  • ISBN 978-3-319-72715-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.00
price for USA in USD
  • ISBN 978-3-319-72714-1
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
Softcover $159.00
price for USA in USD
  • ISBN 978-3-319-89201-6
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Inventory Control Models with Motivational Policies
Authors
Copyright
2018
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing AG
eBook ISBN
978-3-319-72715-8
DOI
10.1007/978-3-319-72715-8
Hardcover ISBN
978-3-319-72714-1
Softcover ISBN
978-3-319-89201-6
Edition Number
1
Number of Pages
XVII, 304
Number of Illustrations
77 b/w illustrations, 6 illustrations in colour
Topics

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