A trade discount model for a single, non-seasonal product

• Main Authors: Cabangon, Myla M., San Pedro, Shirley F., Wong, Eileen S.
• Format: text
• Language: English
• Published: Animo Repository 1997
• Subjects: Mathematical models; Inventory control; Discount; Stochastic processes; System analysis
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/8307
• Institution: De La Salle University

The study considers a system where a seller, particularly a supermarket owner, is concerned with the optimal price discount rate to be offered on an optimal duration. This is essential to the seller for the main reason of maximizing his total profit given the varying demand trends for a particular p...