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Optimal Bidding of Price-Maker Retailers With Demand Price Quota Curves Under Price Uncertainty.
Ying Wang
Dehao Wang
Huaiyu Zhang
Kaifeng Zhang
Published in:
IEEE Access (2020)
Keyphrases
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profit maximizing
inventory policy
stochastic demand
budget constraints
optimal pricing
dynamic programming
single product
worst case
electricity markets
echelon stock
lead time
incomplete information
supply chain
infinite horizon
decision theory
optimal control
expected profit
optimal capacity