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Optimal Selling Quantity and Purchasing Price for Intermediary Firms

Optimal Selling Quantity and Purchasing Price for Intermediary Firms Intermediary firms are economic agents that purchase from mostlysmall and numerous independent producers and sell to other firms or tothe public. This article investigated how intermediary firms canoptimally determine both selling quantity and purchasing price of aproduct. By incorporating the special structure of intermediary firmsenvironments and by modifying the conventional economic order quantityEOQ model accordingly, we provide optimal decision rules regarding theselling quantity and purchasing price for intermediary firms underprofit maximisation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Operations & Production Management Emerald Publishing

Optimal Selling Quantity and Purchasing Price for Intermediary Firms

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References (3)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0144-3577
DOI
10.1108/EUM0000000001291
Publisher site
See Article on Publisher Site

Abstract

Intermediary firms are economic agents that purchase from mostlysmall and numerous independent producers and sell to other firms or tothe public. This article investigated how intermediary firms canoptimally determine both selling quantity and purchasing price of aproduct. By incorporating the special structure of intermediary firmsenvironments and by modifying the conventional economic order quantityEOQ model accordingly, we provide optimal decision rules regarding theselling quantity and purchasing price for intermediary firms underprofit maximisation.

Journal

International Journal of Operations & Production ManagementEmerald Publishing

Published: Oct 1, 1991

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