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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| 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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