Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1143394 | Operations Research Letters | 2009 | 5 Pages |
Abstract
This paper considers the problem of joint replenishment and pricing for a single product with two suppliers and supply disruption. Our objective is to maximize the total profit by choosing an appropriate replenishment and pricing policy. We not only obtain that the form of the optimal policy has a (s,S,p,σ,Σ)(s,S,p,σ,Σ)-type, but also analyze how supply disruption affects the profit function and the optimal policy.
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Xiaoming Yan, Ke Liu,