We consider a joint pricing and inventory control problem with positive replenishment lead times. Although this fundamental problem has been extensively studied in the literature, the structure of the optimal policy remains poorly understood. In this work, we propose a class of so-called constant-order contingent pricing policies with provable p...
Creator:
Chen, Xin (University of Illinois at Urbana-Champaign)
Created:
2018-10-04
Contributed By:
University of Minnesota, Institute for Mathematics and its Applications.