An optimal inventory pricing and ordering strategy subject to demand dependent on stock level and price.
A. TsoularisPublished in: Int. J. Math. Oper. Res. (2015)
Keyphrases
- inventory policy
- ordering cost
- inventory models
- multi item
- production cost
- supply chain
- service level
- periodic review
- infinite horizon
- inventory level
- expected profit
- lead time
- inventory control
- pricing strategies
- inventory systems
- single product
- inventory replenishment
- production system
- finite horizon
- optimal production
- base stock policy
- dynamic pricing
- lost sales
- optimal pricing
- single stage
- echelon stock
- base stock policies
- lot sizing
- single period
- long run
- expected cost
- profit maximizing
- revenue management
- total cost
- state dependent
- optimal strategy
- production capacity
- production inventory
- production planning
- multi echelon