Optimal Decision for Repairable Products Sale and Warranty under Two-Dimensional Deterioration with Consideration of Production Capacity and Customers' Heterogeneity.
Ming-Nan ChenChih-Chiang FangPublished in: Axioms (2023)
Keyphrases
- production capacity
- customer demand
- inventory level
- infinite horizon
- customer orders
- single item
- supply chain
- production cost
- inventory control
- production system
- uncertain demand
- expected cost
- pricing strategies
- lead time
- dynamic programming
- optimal control
- holding cost
- lot sizing
- finite horizon
- expected profit
- inventory management
- decision making
- total cost
- dynamic pricing
- decision makers
- periodic review
- multi period
- optimal solution
- control system
- worst case
- markov decision processes
- multi item
- production planning
- supply chain management
- long run