Inventory and pricing decisions for imperfect quality items with inspection errors, sales returns, and partial backorders under inflation.
Aditi KhannaAakanksha KishoreBiswajit SarkarChandra K. JaggiPublished in: RAIRO Oper. Res. (2020)
Keyphrases
- dynamic pricing
- profit maximization
- lead time
- high quality
- inventory policy
- quality control
- supply chain
- single product
- decision making
- lost sales
- inventory control
- service level
- production cost
- inventory replenishment
- revenue management
- partial information
- inventory costs
- pricing model
- supply chain management
- periodic review
- lot size
- lot sizing
- inventory systems
- data quality
- holding cost
- finite horizon