Cogent Business & Management,
Год журнала:
2024,
Номер
12(1)
Опубликована: Дек. 30, 2024
Efficient
inventory
management
attracts
more
customers,
increasing
demand
for
perishable
products
such
as
fruits,
vegetables,
and
jams.
This
study
introduces
an
model
that
considers
stock,
price,
time
factors
to
help
retailers
maximize
profits
by
determining
the
optimal
replenishment
point
cycle
length.
The
assumes
a
ramp-type
function
with
constant
deterioration
rate,
addressing
different
scenarios,
including
stock-dependent
demand,
no
effect.
also
compares
analyses
special
cases
find
best
solutions.
Additionally,
it
provides
numerical
examples,
sensitivity
analysis,
comparison
studies
make
decisions
maximum
profit
periods.
study's
implications
are
significant
processed
food,
vegetable,
fruit,
grocery
industries.
