Discounting decision for enterprises with high fixed cost and low variable cost.
Ping-Hui HsuHui-Ming WeePublished in: Int. Trans. Oper. Res. (2006)
Keyphrases
- fixed cost
- total cost
- infinite horizon
- lot sizing
- mixed integer programming
- inventory models
- inventory control
- single product
- decision making
- planning horizon
- optimal solution
- optimal policy
- ordering cost
- single item
- markov decision processes
- column generation
- search algorithm
- production planning
- finite horizon
- decision variables
- inventory level
- long run
- multi item
- optimal control
- decision problems
- state space