Dynamic Optimization of Inventory: A Comprehensive Model Incorporating Price-Sensitive Stochastic Demand, Promotional Strategies, Rework, Preservation Technology, and Carbon Emission Reduction

This paper presents an inventory model with a price-dependent stochastic demand and finite replenishment rate mode. It establishes a production-inventory system with a controllable deterioration rate, preservation technology, different types of rework process, promotional effort, and carbon emission...

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Bibliographic Details
Main Authors: M. Palanivel, M. Venkadesh, S. Vetriselvi, R. Sundararajan
Format: Article
Language:English
Published: Wiley 2024-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2024/5444880
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