COORDINATING PRICING AND INVENTORY DECISIONS IN A BOUNDED PRODUCTION SYSTEM WITH UNCERTAIN YIELD-中国期刊网

摘要 Mostinventoryresearchesassumethatproductionlevelcanfluctuatearbitrarily.However,largefluctuationoftheproductionlevelinmanyfirmsmaybemuchcostly.Thispaperaddressesthecoordinatingpricingandinventorycontrolprobleminaboundedproductionsystemwithuncertainyield,inwhichtheproductionlevelisconstrainedbetweenamaximumandminimumlevelineachperiodandthepricecanbeadjusteddynamically.Weshowthattheoptimalpolicyistheintervalbase-stock-list-pricepolicy.Also,westudytheimpactoftheproductionboundsanduncertaintyoftheyieldontheproductionsystem.Numericalexperimentsarealsoperformedtostudytheimpactofparametersonthesystem.

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COORDINATING PRICING AND INVENTORY DECISIONS IN A BOUNDED PRODUCTION SYSTEM WITH UNCERTAIN YIELD

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COORDINATING PRICING AND INVENTORY DECISIONS IN A BOUNDED PRODUCTION SYSTEM WITH UNCERTAIN YIELD

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