Fair and profitable: How pricing and lead-time quotation policies can help.
Baris BalciogluYãgiz VarolPublished in: Eur. J. Oper. Res. (2022)
Keyphrases
- lead time
- periodic review
- inventory systems
- single product
- single item
- supply chain
- inventory control
- holding cost
- lost sales
- revenue management
- replenishment policy
- lot sizing
- base stock policies
- service level
- stochastic lead times
- single stage
- demand distributions
- total cost
- poisson process
- assembly systems
- infinite horizon
- random variables
- stochastic demand
- planning horizon
- order quantity
- cost reduction
- inventory level
- optimal policy
- single period
- customer demand
- stochastic inventory
- independent and identically distributed
- lot size
- inventory policy
- cost function
- optimal production
- setup cost
- long run