Joint decision on EOQ and pricing strategy of a dual channel of mixed retail and e-tail comprising of single manufacturer and retailer under stochastic demand.
Arpita RoyShib Sankar SanaKripasindhu ChaudhuriPublished in: Comput. Ind. Eng. (2016)
Keyphrases
- stochastic demand
- supply chain
- inventory control
- infinite horizon
- order quantity
- pricing strategies
- lead time
- dual channel
- production planning
- decision making
- service level
- supply chain management
- customer demand
- long run
- standard deviation
- finite horizon
- decision variables
- markov decision processes
- optimal control
- lost sales
- inventory models
- inventory policy
- inventory management
- rfid technology
- single item
- holding cost
- decision problems
- optimal policy
- decision makers
- periodic review
- single product
- inventory systems
- inventory level
- average cost