Abstract:
Based on the purchase price increasing exponentially with time and twolevel stockdependent selling rate, an EOQ model is generated. The influence on ordering strategy is analyzed when agricultural and food prices increase greatly by actual survey data. The sensitivity analysis shows that the initial purchase price and purchase price factor have greater impact on ordering strategy and inventory cost than the others, while stockdependent selling rate factor and stockdependent selling point have certain influence on ordering strategy and inventory cost.