Random sales price-sensitive stochastic demand

Purpose This research work introduces an imperfect production system where the demand is assumed to be stochastic and it is influenced by random selling price. The shift time from an “in-control” state to an “out-of-control” state is exponentially distributed. The accumulated inventory contains both...

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Veröffentlicht in:	Journal of advances in management research 2017-10, Vol.14 (4), p.408-424
Hauptverfasser:	Das Roy, Monami, Sana, Shib Sankar
Format:	Artikel
Sprache:	eng
Online-Zugang:	Volltext
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