Effect of declining selling price: profit analysis for a single period inventory model with stochastic demand and lead time.
Snigdha BanerjeeNingombam Sanjib MeiteiPublished in: J. Oper. Res. Soc. (2010)
Keyphrases
- lead time
- single period
- stochastic demand
- inventory models
- inventory control
- lost sales
- periodic review
- supply chain
- single product
- infinite horizon
- single item
- inventory systems
- inventory level
- order quantity
- customer demand
- expected profit
- single stage
- inventory policy
- bayesian networks
- lot size
- service level
- lot sizing
- sensitivity analysis
- upper bound