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Optimal procurement and discount pricing for single-period non-instantaneous deteriorating products with promotional efforts.
Madhukar Nagare
Pankaj Dutta
Pravin Suryawanshi
Published in:
Oper. Res. (2020)
Keyphrases
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uncertain demand
single period
supply chain
expected profit
single product
inventory models
optimal solution
periodic review
revenue management
finite horizon
lead time
inventory policy
capacity expansion
supply chain management
utility maximization
customer demand
objective function