Optimizing constant pricing and inventory decisions for a periodic review system with batch ordering
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DOI: 10.1007/s10479-018-3057-y
Abstract: In business practice the misalignment between frequent inventory adjustments and a sticky price is common. Motivated by Pipi Milk, a diary manufacturer who commits its customer at a fixed price for a whole year meanwhile… read more here.
Keywords: pricing inventory; system; periodic review; constant pricing ... See more keywords