A profit maximization single item inventory problem considering deterioration during carrying for price dependent demand and preservation technology investment.
Sourav MahataBijoy Krishna DebnathPublished in: RAIRO Oper. Res. (2022)
Keyphrases
- single item
- profit maximization
- lead time
- lot sizing
- long run
- expected profit
- periodic review
- infinite horizon
- inventory systems
- upper bound
- multi item
- lost sales
- replenishment policy
- joint replenishment
- holding cost
- stochastic demand
- supply chain
- finite horizon
- ordering cost
- combinatorial auctions
- multistage
- service level
- single period
- production planning
- optimal policy
- inventory control
- setup cost
- planning horizon
- inventory level
- order quantity
- decision making
- customer demand
- fixed cost
- single product
- sample path
- production capacity
- expected cost
- queueing networks