中国科学院机构知识库网格
Chinese Academy of Sciences Institutional Repositories Grid
Coordinating pricing and inventory control in a fluctuating environment

文献类型:期刊论文

作者Zhang, Ju-liang1; Chen, Jian2; Zhang, Xiang-sun3
刊名ACTA MATHEMATICAE APPLICATAE SINICA-ENGLISH SERIES
出版日期2010-04-01
卷号26期号:2页码:187-204
关键词Stochastic inventory management Markov chains pricing finite horizon infinite horizon
ISSN号0168-9673
DOI10.1007/s10255-007-7093-7
英文摘要This paper addresses the simultaneous determination of pricing and inventory replenishment strategies 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.
资助项目National Natural Science Foundation of China[70621061] ; National Natural Science Foundation of China[70890082] ; National Natural Science Foundation of China[70671100] ; Science Foundation of Beijing Jiaotong University[2007RC014]
WOS研究方向Mathematics
语种英语
WOS记录号WOS:000275746800002
出版者SPRINGER HEIDELBERG
源URL[http://ir.amss.ac.cn/handle/2S8OKBNM/10851]  
专题应用数学研究所
通讯作者Zhang, Ju-liang
作者单位1.Beijing Jiaotong Univ, Sch Econ & Management, Dept Logist Management, Beijing 100044, Peoples R China
2.Tsinghua Univ, Sch Econ & Management, Dept Management Sci & Engn, Beijing 100084, Peoples R China
3.Chinese Acad Sci, Acad Math & Syst Sci, Inst Appl Math, Beijing 100190, Peoples R China
推荐引用方式
GB/T 7714
Zhang, Ju-liang,Chen, Jian,Zhang, Xiang-sun. Coordinating pricing and inventory control in a fluctuating environment[J]. ACTA MATHEMATICAE APPLICATAE SINICA-ENGLISH SERIES,2010,26(2):187-204.
APA Zhang, Ju-liang,Chen, Jian,&Zhang, Xiang-sun.(2010).Coordinating pricing and inventory control in a fluctuating environment.ACTA MATHEMATICAE APPLICATAE SINICA-ENGLISH SERIES,26(2),187-204.
MLA Zhang, Ju-liang,et al."Coordinating pricing and inventory control in a fluctuating environment".ACTA MATHEMATICAE APPLICATAE SINICA-ENGLISH SERIES 26.2(2010):187-204.

入库方式: OAI收割

来源:数学与系统科学研究院

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