Research Article

Lot Size Decisions for Vendor-Buyer System with Quantity Discount, Partial Backorder, and Stochastic Demand

Table 3

The optimal solution for numerical example.

($) (units)Vendor cost ($)Buyer cost ($)Total cost ($)

121,207.542.121345.40692.961,038.36
221,0002.196237.50641.40878.90
321,0002.196196.61641.40838.01
421,0002.196189.06641.40830.46
521,0002.196194.84641.40836.24