Managing an integrated production and inventory system selling to a dual market: long-term and walk-in

DOI10.1016/J.EJOR.2018.01.029MaRDI QIDQ1754316zbMATHOpenAlexFDO

Authors Essia Hamouda, Mohsen Elhafsi

Publication date 30 May 2018

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2018.01.029

zbMATH Keywords

pricingMarkov decision processesproductioninventory rationingmake-to-stock system

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Production models (90B30) Markov and semi-Markov decision processes (90C40)

Recommendations

• Dynamic pricing in a dual-market environment
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Cites work

• scientific article; zbMATH DE number 417962 (Why is no real title available?)
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• Applying a New Device in the Optimization of Exponential Queuing Systems
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• Dynamic coordination of production planning and sales admission control in the presence of a spot market
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• Dynamic pricing in the presence of inventory considerations: research overview, current practices, and future directions
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• Operating Characteristics of an Inventory System with Rationing
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• Optimal Dynamic Production and Inventory Transshipment Policies for a Two-Location Make-to-Stock System
• Optimal Joint Inventory and Transshipment Control Under Uncertain Capacity
• Optimal Ordering and Rationing Policies in a Nonstationary Dynamic Inventory Model with n Demand Classes
• Optimal Policies for Inventory Systems with Priority Demand Classes
• Optimal control of a production-inventory system with both backorders and lost sales
• Optimal stock allocation for a capacitated supply system
• Service Constrained (s, S) Inventory Systems with Priority Demand Classes and Lost Sales
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Cited in

(2)

• Optimizing a production-inventory system under a cost target
• Dynamic coordination of production planning and sales admission control in the presence of a spot market

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