An optimal inventory pricing and ordering strategy subject to stock and price dependent demand

dc.contributor.author	Wallace, James
dc.contributor.author	Tsoularis, Anastasious
dc.date.accessioned	2023-11-09T11:30:01Z
dc.date.available	2023-11-09T11:30:01Z
dc.date.issued	2021-11-23
dc.identifier.citation	Wallace , J & Tsoularis , A 2021 , ' An optimal inventory pricing and ordering strategy subject to stock and price dependent demand ' , International Journal of Mathematical models and methods in applied sciences , vol. 15 , no. 5 , pp. 166-170 . https://doi.org/10.46300/9101.2021.15.22
dc.identifier.issn	1998-0140
dc.identifier.uri	http://hdl.handle.net/2299/27112
dc.description.abstract	This article considers the deterministic optimalcontrol problem of profit maximization for inventory replenishedat a variable rate and depleted by demand which is assumed tovary with price and stock availability. Optimal policies for theinventor, product order rate and price are derived using themaximum principle. Bounds on the maximum price possible arealso derived.	en
dc.format.extent	5
dc.format.extent	1387738
dc.language.iso	eng
dc.relation.ispartof	International Journal of Mathematical models and methods in applied sciences
dc.title	An optimal inventory pricing and ordering strategy subject to stock and price dependent demand	en
dc.contributor.institution	Hertfordshire Business School
dc.description.status	Peer reviewed
rioxxterms.versionofrecord	10.46300/9101.2021.15.22
rioxxterms.type	Journal Article/Review
herts.preservation.rarelyaccessed	true