A Joint Ordering, Pricing, and Freshness-Keeping Policy for Perishable Inventory Systems With Random Demand Over Infinite Horizon.
Yajun ZhangZheng WangPublished in: IEEE Robotics Autom. Lett. (2019)
Keyphrases
- inventory systems
- periodic review
- infinite horizon
- ordering cost
- inventory policy
- lost sales
- lead time
- multi item
- single product
- single stage
- single item
- finite horizon
- optimal policy
- stochastic demand
- lot sizing
- inventory models
- inventory control
- long run
- markov decision process
- inventory management
- supply chain
- multistage
- dynamic programming
- optimal production
- markov decision processes
- inventory level
- base stock policy
- optimal control
- average cost
- service level
- order quantity
- planning horizon
- production planning
- state space
- customer demand
- holding cost
- total cost