Dynamic Inventory Control Models
All-units discount model, where the seller offers a uniform discount on all the units purchased. Instantaneous and gradual supply models are both discussed.
Incremental discount model, where additional units purchased are offered a higher discount.
Toward the end of this chapter, we also discuss another type of discount model – special discount model, also known as a one-off discount or promotional discount model.
KeywordsQuantity discount Single price-break Multiple price-breaks All-units discount Incremental discount One-off discount
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