Proposing a discount policy for two-level supply chain coordination with periodic review replenishment and promotional efforts decisions.
M. R. Nouri ShiraziSeyyed-Mahdi Hosseini-MotlaghMohammadreza NematollahiPublished in: Oper. Res. (2021)
Keyphrases
- supply chain coordination
- periodic review
- single product
- inventory replenishment
- lead time
- lost sales
- infinite horizon
- supply chain
- inventory control
- dynamic pricing
- inventory systems
- pricing model
- optimal policy
- finite horizon
- group decision making
- single stage
- revenue management
- decision making
- single item
- decision makers
- total cost
- inventory models
- long run
- stochastic demand
- inventory level
- single period
- customer demand
- order quantity
- holding cost
- markov decision processes
- inventory management
- multi attribute
- base stock policies
- multi agent systems
- production planning
- supply chain management
- dynamic programming
- expected cost
- planning horizon
- multistage
- markov decision process
- customer service
- lot sizing
- decision problems
- sufficient conditions
- fixed cost
- state dependent
- service level
- optimal control
- state space
- reinforcement learning
- bayesian networks