Multi-period optimization with loss-averse customer behavior: Joint pricing and inventory decisions with stochastic demand.
Hongfang SongLun RanJennifer ShangPublished in: Expert Syst. Appl. (2017)
Keyphrases
- multi period
- customer behavior
- stochastic demand
- production planning
- infinite horizon
- customer service
- inventory control
- planning horizon
- historical data
- lead time
- lot sizing
- routing problem
- optimization problems
- total cost
- multi item
- single item
- combinatorial optimization
- bayesian networks
- finite horizon
- multistage
- probabilistic model
- dynamic programming