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International Journal of Systems Science Volume 20, 1989 - Issue 11
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Original Articles

Optimal ordering quantity for announced price increases

YASH P. GUPTA Department of Management, University of Louisville, Louisville, KY, 40292, U.S.A.
&
SANDEEPA GOEL Department of Actuarial & Management Sciences, University of Manitoba, Winnipeg, Manitoba, R3T 2N2, Canada
Pages 2347-2350 | Received 04 Nov 1988, Published online: 01 Feb 2007
 
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Abstract

In this note, we deal with a problem of determining an optimal order quantity when a buyer is provided with an opportunity to place a special order for additional stock before an announced price increase takes effect.

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