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Quantity discount decisions under conditions of multiple items, multiple suppliers and resource limitations

International Journal of Production ResearchPublished 1 October 1991
W.C. Benton
Citations130
SJR quartileQ1
SJR score2.24
SNIP2.56

Abstract

This research considers quantity discount procedures under conditions of multiple items, resource limitations and multiple suppliers. This is a very complex problem that has not yet been addressed in the literature. In this paper we offer an efficient heuristic programming procedure for evaluating alternative discount schedules. Moreover we use an example problem to test the suggested procedure. The results offer several encouraging findings for managers facing this impressive problem.

Keywords

Decision SciencesBusiness, Management and AccountingEngineering