Reply—On “Comments on a Quantity Discount Pricing Model to Increase Vendor Profits”
- 1 November 1988
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Management Science
- Vol. 34 (11) , 1398-1400
- https://doi.org/10.1287/mnsc.34.11.1398
Abstract
Professor Joglekar is to be thanked for his generally insightful Comments (1988) concerning my paper (Monahan [Monahan, J. P. 1984. A quantity discount pricing model to increase vendor points. Management Sci. 30(6, June) 720--726.). He has in my view correctly assessed the limitations of two important production assumptions I made, assumptions which need to be rethought in any quantity-discount pricing models of the future. Yet, although I find myself in general agreement with Joglekar's comments, I wish to clarify some points concerning the model and its potential applicability.Keywords
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