Best pricing and optimal policy for an inventory system under time-and-price-dependent demand and backordering

In this paper, we study an inventory system for products where demand depends on time and price. Shortages are allowed and are fully backordered. We suppose that the demand rate is the product of a power time pattern and a three-parametric exponential price function. The objective is to determine th...

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Veröffentlicht in:Annals of operations research 2020-03, Vol.286 (1-2), p.351-369
Hauptverfasser: San-José, Luis A., Sicilia, Joaquín, González-De-la-Rosa, Manuel, Febles-Acosta, Jaime
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Sprache:eng
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