<abstract xmlns="http://www.w3.org/1999/xhtml"><p>In the paper, the mathematical model of demand and inventory is studied from the perspective of its applications in real business cases. The model is formulated with three difference equations of first order. Three scenarios focused on the last phase of the product life cycle, a decline, are investigated and commented upon.</p></abstract>

In the paper, the mathematical model of demand and inventory is studied from the perspective of its applications in real business cases. The model is formulated with three difference equations of first order. Three scenarios focused on the last phase of the product life cycle, a decline, are investigated and commented upon.

The Model of Demand and Inventory in a Decline Phase of the Product Life Cycle

Institute of Logistics and Warehousing, Logistics Expertise Department, Estkowskiego 6, 61-755 Poznań,

University of Białystok, Institute of Mathematics, Ciołkowskiego 1M, 15-245 Białystok,

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"The Model of Demand and Inventory in a Decline Phase of the Product Life Cycle"}

In the paper, the mathematical model of demand and inventory is studied from the perspective of its applications in real business cases. The model is...

The Model of Demand and Inventory in a Decline Phase of the Product Life Cycle

Publié en ligne: 30 déc. 2016

Pages: 208 - 221

Reçu: 21 août 2015

Accepté: 27 juin 2016

DOI: https://doi.org/10.1515/foli-2016-0013

Mots clés
demand, inventory, mathematical model, product life cycle, supply chain

© 2016 University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The Model of Demand and Inventory in a Decline Phase of the Product Life Cycle

Publié en ligne: 30 déc. 2016

Pages: 208 - 221

Reçu: 21 août 2015

Accepté: 27 juin 2016

DOI: https://doi.org/10.1515/foli-2016-0013

Mots clésdemand, inventory, mathematical model, product life cycle, supply chain

© 2016 University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mots clés
demand, inventory, mathematical model, product life cycle, supply chain