Technical note - Optimal inventory policy in the presence of a long-term supplier and a spot market

Operations Research

Volumn 61, Issue 1, 2013, Pages 88-97

  Chen, Youhua ^a   Xue, Weili ^b   Yang, Jian ^c  

^a CITY UNIVERSITY OF HONG KONG   (Hong Kong)

^b NANJING UNIVERSITY   (China)

^c RUTGERS UNIVERSITY   (United States)

Author keywords

Contract supplier; Inventory control; Markov process; Spot price

Indexed keywords

INVENTORY LEVELS; INVENTORY POLICIES; LONG-TERM CONTRACTS; OPTIMAL POLICIES; PROCUREMENT DECISIONS; SPOT PRICE; STOCHASTIC INVENTORY CONTROLS; TECHNICAL NOTES;

COMMERCE; INVENTORY CONTROL; MARKOV PROCESSES; OPTIMIZATION; SALES;

COSTS;

EID: 84876127719     PISSN: 0030364X     EISSN: 15265463     Source Type: Journal    
DOI: 10.1287/opre.1120.1114     Document Type: Article

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