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  • 标题:Pricing Strategy for Small Sized Poultry Farmers with Two Different Products
  • 本地全文:下载
  • 作者:Hidefumi Kawakatsu ; Dong Li ; Kosuke Kato
  • 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
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