Joint inventory control across products with supply uncertainty and responsive pricing.
Wenbo ChenMing DongPublished in: J. Oper. Res. Soc. (2018)
Keyphrases
- inventory control
- pricing strategies
- reverse logistics
- dynamic pricing
- customer demand
- periodic review
- supply chain
- single product
- assembly systems
- inventory models
- finite horizon
- customer service
- stochastic demand
- lead time
- inventory replenishment
- revenue management
- supply chain management
- cost function
- optimal policy
- fixed cost
- infinite horizon
- production system
- steady state
- inventory policy
- probability distribution
- learning algorithm