Joint pricing and lot-sizing policy for deteriorating items with price and stock dependent demand rate and shortage.
Guiping LiPublished in: Int. J. Manuf. Technol. Manag. (2017)
Keyphrases
- replenishment policy
- lot sizing
- single item
- lead time
- inventory level
- periodic review
- inventory systems
- single product
- multi item
- lot size
- dynamic pricing
- inventory policy
- rolling horizon
- supply chain
- optimal pricing
- convertible bonds
- multistage
- setup cost
- planning horizon
- joint replenishment
- assembly systems
- production planning
- mixed integer programming
- stochastic demand
- holding cost
- ordering cost
- setup times
- infinite horizon
- cutting stock
- lost sales
- multi period
- pricing model
- inventory control
- service level
- mixed integer
- customer demand
- demand function
- inventory replenishment
- fixed cost
- inventory models
- single stage
- total cost
- utility function
- reinforcement learning
- queue length
- supply chain management
- random variables
- upper bound