LAUSR

Dynamic Revenue Control and Lot Sizing for a Diffusion Inventory Model with Deterioration

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0 Published in 2020 at "IFAC-PapersOnLine"

DOI: 10.1016/j.ifacol.2020.11.038

Abstract: Abstract This paper is concerned with a stochastic inventory models for a continuously deteriorating product. We consider an observed stock level process as a diffusion process where the drift and diffusion coefficients are linear functions… read more here.

Keywords: diffusion; control; dynamic revenue; model ... See more keywords