KMS Of Academy of mathematics and systems sciences, CAS
coordinatingpricingandinventorycontrolinafluctuatingenvironment | |
Zhang Juliang1; Jian Chen2; Zhang Xiangsun3 | |
2010-01-01 | |
发表期刊 | actamathematicaeapplicataesinica |
ISSN | 0168-9673 |
卷号 | 000期号:002页码:187 |
摘要 | This paper addresses the simultaneous determination of pricing and inventory replenishment strate- gies under a fluctuating environment. Specifically, we analyze the single item, periodic review model. The demand consists of two parts: the deterministic component, which is influenced by the price, and the stochastic component (perturbation). The distribution of the stochastic component is determined by the current state of an exogenous Markov chain. The price that is charged in any given period can be specified dynamically. A replenishment order may be placed at the beginning of some or all of the periods, and stockouts are fully backlogged. Ordering costs that are lower semicontinuous, and inventory/backlog (or surplus) costs that are continuous with polynomial growth. Finite-horizon and infinite-horizon problems are addressed. Existence of optimal policies is established. Furthermore, optimality of (s,S,p)-type policies is proved when the ordering cost consists of fixed and proportional cost components and the surplus cost (these costs are all state-dependent) is convex. |
语种 | 英语 |
文献类型 | 期刊论文 |
条目标识符 | http://ir.amss.ac.cn/handle/2S8OKBNM/49632 |
专题 | 应用数学研究所 |
作者单位 | 1.北京交通大学 2.清华大学 3.中国科学院数学与系统科学研究院 |
推荐引用方式 GB/T 7714 | Zhang Juliang,Jian Chen,Zhang Xiangsun. coordinatingpricingandinventorycontrolinafluctuatingenvironment[J]. actamathematicaeapplicataesinica,2010,000(002):187. |
APA | Zhang Juliang,Jian Chen,&Zhang Xiangsun.(2010).coordinatingpricingandinventorycontrolinafluctuatingenvironment.actamathematicaeapplicataesinica,000(002),187. |
MLA | Zhang Juliang,et al."coordinatingpricingandinventorycontrolinafluctuatingenvironment".actamathematicaeapplicataesinica 000.002(2010):187. |
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