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A simple ordering policy with linear lifetime for a unit

✍ Scribed by V. Sridharan

Publisher: Elsevier Science
Year: 1995
Tongue: English
Weight: 143 KB
Volume: 35
Category: Article
ISSN: 0026-2714
DOI: 10.1016/0026-2714(95)93902-m

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## Abstract This paper is concerned with the problem of simultaneously setting price and production levels for an exponentially decaying product. Such products suffer a loss in utility which is proportional to the total quantity of stock on hand. A continuous review, deterministic demand model is c