Optimal EOQ for Announced Price Increases in Infinite Horizon.
Wei HuangVidyadhar G. KulkarniJayashankar M. SwaminathanPublished in: Oper. Res. (2003)
Keyphrases
- infinite horizon
- optimal control
- finite horizon
- dynamic programming
- single item
- average cost
- stochastic demand
- inventory policy
- long run
- optimal policy
- production planning
- fixed cost
- periodic review
- holding cost
- markov decision processes
- partially observable
- markov decision process
- optimal production
- dec pomdps
- production capacity
- expected cost
- optimal solution
- lead time
- optimal strategy
- knapsack problem
- linear program
- inventory control
- multistage
- inventory models
- linear programming
- state space
- single product