<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

Data publikacji: 30 gru 2016

Zakres stron: 208 - 221

Otrzymano: 21 sie 2015

Przyjęty: 27 cze 2016

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

Słowa kluczowe
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

Data publikacji: 30 gru 2016

Zakres stron: 208 - 221

Otrzymano: 21 sie 2015

Przyjęty: 27 cze 2016

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

Słowa kluczowedemand, 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.

Słowa kluczowe
demand, inventory, mathematical model, product life cycle, supply chain