Article ID Journal Published Year Pages File Type
5128357 Operations Research Letters 2017 6 Pages PDF
Abstract

In an infinite horizon inventory and sales model, we show that the seller's unique strategy exhibits increasing prices under general conditions on the revenue function. An increasing discount rate leads to an increase of the time interval between order times, but an increase in batch size has an ambiguous effect.

Related Topics
Physical Sciences and Engineering Mathematics Discrete Mathematics and Combinatorics
Authors
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