Joint pricing and inventory control with reference price effects and price thresholds: A deep reinforcement learning approach.
Qiang ZhouShaochuan FuYefei YangCiwei DongPublished in: Expert Syst. Appl. (2023)
Keyphrases
- inventory control
- reinforcement learning
- dynamic pricing
- periodic review
- pricing strategies
- finite horizon
- supply chain
- optimal policy
- lead time
- markov decision processes
- stochastic demand
- inventory replenishment
- single product
- customer service
- inventory models
- supply chain management
- machine learning
- customer demand
- revenue management
- state space
- markov decision process
- infinite horizon
- optimal control
- monte carlo
- graphical models
- decision making