Joint pricing and inventory problem with price dependent stochastic demand and price discounts.
Omid JadidiMohamad Y. JaberSaeed ZolfaghariPublished in: Comput. Ind. Eng. (2017)
Keyphrases
- stochastic demand
- dynamic pricing
- inventory control
- single item
- periodic review
- inventory replenishment
- infinite horizon
- lot sizing
- supply chain management
- lead time
- revenue management
- finite horizon
- pricing strategies
- inventory models
- single product
- lost sales
- learning curve
- upper bound
- customer demand
- supply chain
- inventory systems
- multi item
- optimal production
- profit maximization
- inventory level
- optimal policy
- long run
- lower bound
- decision making