A generalized payment policy for deteriorating items when demand depends on price, stock, and advertisement under carbon tax regulations.
Urmila ChaudhariAmrita BhadoriyaMrudul Y. JaniBiswajit SarkarPublished in: Math. Comput. Simul. (2023)
Keyphrases
- inventory policy
- inventory level
- replenishment policy
- lot size
- optimal policy
- dynamic pricing
- revenue management
- expected cost
- echelon stock
- stochastic demand
- lead time
- optimal pricing
- state dependent
- ordering cost
- single item
- allocation policy
- stock market
- supply chain
- optimal capacity
- inventory replenishment
- single product
- lost sales
- inventory models
- asymptotically optimal
- optimal solution
- order quantity
- carbon dioxide
- reinforcement learning
- multi item
- finite horizon
- long run
- stock price