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Pricing and inventory decisions for non-instantaneous deteriorating items with price and promotional effort stochastic demand.
Hardik N. Soni
Dipali N. Suthar
Published in:
J. Control. Decis. (2019)
Keyphrases
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stochastic demand
inventory control
infinite horizon
periodic review
dynamic pricing
single item
lead time
optimal policy
lot sizing
lot size
multistage
steady state
lost sales
machine learning
decision makers
standard deviation