Coordinating the ordering and advertising policies for a single-period commodity in a two-level supply chain.
Tsung-Hui ChenPublished in: Comput. Ind. Eng. (2011)
Keyphrases
- supply chain
- single period
- inventory models
- inventory policy
- inventory control
- periodic review
- lead time
- order quantity
- service level
- revenue sharing
- lost sales
- dual sourcing
- supply chain management
- planning horizon
- expected profit
- capacity expansion
- optimal policy
- finite horizon
- inventory management
- single product
- capacity planning
- inventory systems
- sample path
- markov decision process
- decision making
- single item
- stochastic demand
- holding cost
- single stage
- lot sizing
- customer demand
- average cost
- distribution network
- inventory level
- infinite horizon
- markov decision processes
- linear programming
- control policies
- state space