Joint production and pricing inventory system under stochastic reference price effect.
Yu CaoYongrui DuanPublished in: Comput. Ind. Eng. (2020)
Keyphrases
- base stock policies
- periodic review
- production inventory
- inventory systems
- single product
- inventory control
- inventory level
- lead time
- infinite horizon
- single item
- finite horizon
- production capacity
- production rate
- production planning
- inventory policy
- multi item
- lot sizing
- profit maximization
- dynamic pricing
- lot size
- production system
- production process
- revenue management
- single period
- total cost
- inventory replenishment
- holding cost
- setup cost
- optimal production
- assembly systems
- state dependent
- production cost
- multistage
- inventory management