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Decision Sciences Journal
Volume 27, Number 3
Summer 1996

The Newsboy Problem with Multiple Discounts Offered by Suppliers and Retailers

Moutaz Khouja
Department of MIS/OM, The Belk College of Business Administration, The University of North Carolina at Charlotte, Charlotte, NC 28223

ABSTRACT

Recent extensions of the newsboy problem have focused on multiple discounts used by retailers to sell excess inventory. Earlier extensions have focused on quantity discounts offered by suppliers. An important practical extension would address a combination of the two previous extensions. In this paper, a newsboy problem with supplier quantity discounts and retailer multiple discounts is formulated and solved. The case of all-units supplier quantity discounts is addressed, and the results with numerical examples are illustrated.

Subject Areas: Inventory Management and Production/Operations Management.