A myopic policy for the gradual obsolescence problem with price-dependent demand

Computers and Operations Research

Volumn 29, Issue 9, 2002, Pages 1115-1127

  Arcelus, F J ^a   Pakkala, T P M ^b   Srinivasan, G ^a  

^a UNIVERSITY OF NEW BRUNSWICK   (Canada)

^b MANGALORE UNIVERSITY   (India)

Author keywords

Gradual obsolescene; Myopic inventory policies; Price dependent demand; Profit optimization

Indexed keywords

CUSTOMER SATISFACTION; INVENTORY CONTROL; OBSOLESCENCE; RETAIL STORES; SALES;

MYOPIC POLICY;

OPERATIONS RESEARCH;

RETAILING;

EID: 0036680954     PISSN: 03050548     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0305-0548(00)00093-9     Document Type: Article

References (15)

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8. Inventory lot size models with vanishing market
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13. Dynamic version of the economic lot size model
14. A heuristic for selecting lot size quantities for the case of a deterministic time-varying demand rate and discrete opportunities for replenishment