Joint pricing and replenishment decisions for deteriorating items with lot-size and time-dependent purchasing cost under credit period.
Yu-Chung TsaoGwo-Ji SheenPublished in: Int. J. Syst. Sci. (2007)
Keyphrases
- lot size
- inventory costs
- total cost
- planning horizon
- single product
- lead time
- reorder point
- periodic review
- finite horizon
- lot sizing
- production cost
- stochastic inventory
- fixed cost
- holding cost
- multistage
- production planning
- supply chain
- expected cost
- production process
- infinite horizon
- service level
- setup cost
- lost sales
- decision making
- inventory systems
- single item
- replenishment policy
- inventory control
- average cost
- optimal solution
- mixed integer programming
- long run average cost
- customer demand
- single stage
- multi item
- inventory level
- reinforcement learning