Publication result detail

Functions of several variables analysis applied in inventory management

NOVOTNÁ, V.; VARYŠOVÁ, T.; JANKOVÁ, M.

Original Title

Functions of several variables analysis applied in inventory management

English Title

Functions of several variables analysis applied in inventory management

Type

Peer-reviewed article not indexed in WoS or Scopus

Original Abstract

This paper introduces a newly constructed model which enables a retailer to set an optimal price of goods under permissible delay in payments, and to determine the maximum term of payment. The model is based on the assumption of timedependent demand and has been developed for non-deteriorating goods. The paper further analyzes a situation in which the retailer sell all the goods in time, and a situation in which the deadline was not met. Theoretical results are demonstrated by an illustrative example.

English abstract

This paper introduces a newly constructed model which enables a retailer to set an optimal price of goods under permissible delay in payments, and to determine the maximum term of payment. The model is based on the assumption of timedependent demand and has been developed for non-deteriorating goods. The paper further analyzes a situation in which the retailer sell all the goods in time, and a situation in which the deadline was not met. Theoretical results are demonstrated by an illustrative example.

Keywords

inventory management, EOQ model, non-deteriorating goods, local extremes, multivariable functions

Key words in English

inventory management, EOQ model, non-deteriorating goods, local extremes, multivariable functions

Authors

NOVOTNÁ, V.; VARYŠOVÁ, T.; JANKOVÁ, M.

RIV year

2014

Released

30.11.2013

Publisher

MZLU

Location

Brno

ISBN

1211-8516

Periodical

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

Volume

2013

Number

7

State

Czech Republic

Pages from

2221

Pages to

2227

Pages count

7

URL

https://acta.mendelu.cz/61/7/2221/

Full text in the Digital Library

http://hdl.handle.net/11012/84208

BibTex

@article{BUT103957,
  author="Veronika {Novotná} and Tereza {Šustrová} and Martina {Janková}",
  title="Functions of several variables analysis applied in inventory management",
  journal="Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis",
  year="2013",
  volume="2013",
  number="7",
  pages="2221--2227",
  doi="10.11118/actaun201361072221",
  issn="1211-8516",
  url="https://acta.mendelu.cz/61/7/2221/"
}

Documents

actaun_2013061072221