Keyphrases
- revenue management
- periodic review
- inventory replenishment
- demand function
- dynamic pricing
- inventory systems
- single product
- profit maximization
- optimal pricing
- inventory control
- single stage
- finite horizon
- optimal policy
- total cost
- inventory policy
- lost sales
- lead time
- infinite horizon
- inventory level
- lot sizing
- inventory models
- supply chain
- single item
- long run
- stochastic demand
- base stock policies
- service level
- multistage
- markov decision process
- optimal production
- demand uncertainty
- multi item
- network effects
- holding cost
- single period
- production system