Inventory control and pricing for regret-averse newsvendor.
Bing-Bing CaoZhi-Ping FanHongyan LiTian-Hui YouPublished in: RAIRO Oper. Res. (2017)
Keyphrases
- inventory control
- stochastic demand
- dynamic pricing
- periodic review
- pricing strategies
- inventory models
- lead time
- single item
- supply chain
- inventory replenishment
- lost sales
- finite horizon
- single product
- customer service
- single period
- assembly systems
- demand function
- lower bound
- customer demand
- learning curve
- revenue management
- supply chain management
- ordering cost
- inventory policy
- inventory systems
- learning algorithm
- single stage
- inventory level