scholarly journals A Simultaneous Pricing and Inventory Control Model for a Single Product with Capacitated Working Capital

Author(s):  
Ismail Civelek
2006 ◽  
Vol 7 (1) ◽  
pp. 21-24 ◽  
Author(s):  
Eugene Kopytov ◽  
Leonid Greenglaz ◽  
Fedor Tissen

The purpose of offered work is the construction of a stochastic single‐product inventory control model for the chain “producer – wholesaler – customer”. Given situation takes place in many transport and industrial companies. Criterion of optimization is minimum of average expenses for goods holding, ordering and losses from deficit per a time unit.


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