This book contains study of several types of inventory management policies like customer returns, up-stream full and partial trade credits, down-stream full and partial trade credits, constant deterioration rate, maximum fixed lifetime of the product, two-parameter Weibull distribution as a deterioration rate, preservation technology investment, quadratic demand, price-sensitive quadratic demand, credit limit sensitive quadratic demand, price and credit dependent quadratic demand, price and credit dependent trapezoidal demand, supply chain management, imperfect manufacturing system,...

As such demand rate is a very crucial factor in uplifting the total profit of any business. But practically, there are many factors like selling price, obtainability of items influencing demand rate. Selling price of an item is considered to be a significant factor in upgrading customer's demand, which is directly influenced by customer's satisfaction level. Therefore, an organization can gain profit and fulfil customer's demand by choosing a suitable pricing policy. In this book, by adopting a dominant pricing policy, called dynamic pricing policy, a retailer holds the authority to change...