Production and availability policies through the Markov Decision Process and myopic methods for contractual and selective orders

► MDP makes a higher profit policy while the myopic makes a simple one. ► Information sharing can generate 21.14% more profit averagely. ► Information sharing will not affect the service level to contractual orders. ► Adding extra sales channel is more profitable than information sharing. ► 50% of capacity should be reserve for contractual orders.