| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1134779 | Computers & Industrial Engineering | 2011 | 9 Pages |
Abstract
⺠We study demand fulfillment processes for quality graded products. ⺠Demands for lower quality products can be fulfilled by higher quality inventory in this problem. ⺠We propose a dynamic programming model to maximize expected profit. ⺠We prove the existence of optimal policy structures. ⺠Profits can be significantly improved under the optimal order fulfillment polices.
Keywords
Related Topics
Physical Sciences and Engineering
Engineering
Industrial and Manufacturing Engineering
Authors
Hua-Hsuan Wu, Cheng-Hung Wu, James T. Lin,