Joint optimization of inventory control and product placement on e-commerce websites using genetic algorithms.
Yan-Kwang ChenFei-Rung ChiuHung-Chang LiaoChien-Hua YehPublished in: Electron. Commer. Res. (2016)
Keyphrases
- joint optimization
- inventory control
- reverse logistics
- customer demand
- supply chain
- pricing strategies
- inventory models
- finite horizon
- stochastic demand
- customer service
- inventory replenishment
- lead time
- single product
- sparse representation
- supply chain management
- lost sales
- optimal policy
- non stationary
- decision making
- production planning
- markov decision processes