Optimisation of pricing and ordering under the two-stage credit policy for deteriorating items when the end demand is price and credit period sensitive.
Nita H. ShahPublished in: Int. J. Bus. Perform. Supply Chain Model. (2009)
Keyphrases
- ordering cost
- lot size
- inventory policy
- dynamic pricing
- credit scoring
- stochastic demand
- single product
- optimal capacity
- periodic review
- revenue management
- optimal pricing
- finite horizon
- pricing strategies
- replenishment policy
- lead time
- ordering policy
- inventory control
- planning horizon
- supply chain
- inventory replenishment
- fraud detection
- demand function
- logistic regression
- optimal policy
- yield management
- inventory systems
- multi item
- risk analysis
- inventory models
- credit risk
- holding cost
- single item
- production cost
- credit card
- multistage
- profit maximization
- genetic algorithm