期刊名称:Lecture Notes in Engineering and Computer Science
印刷版ISSN:2078-0958
电子版ISSN:2078-0966
出版年度:2019
卷号:2239
页码:495-499
出版社:Newswood and International Association of Engineers
摘要:This study develops an inventory model for a small
sized poultry farmer who produces both Broilers (Product 1)
and their Branded chickens (Product 2) with different Weibull
amelioration rates. Both products are produced in multiple lots.
The poultry farmer’s total profit per unit of time is formulated
as a function of selling prices by using a price-dependent
demand function. We establish the existence of a unique optimal
selling price for each product, which maximises the total profit.
Numerical examples are presented to demonstrate the
behaviour of the optimal solution when the ingredients in the
poultry feed vary.
关键词:Amelioration; deterioration; small sized;
poultry farmers; optimal price