A profit-cost ratio maximization approach for a manufacturing inventory model having stock-dependent production rate and stock and price-dependent demand rate
This paper discusses an optimal managerial approach regarding stock control in a manufacturing-inventory scenario. The selling price and inventory level in showrooms may impact customers’ demand. The fall in selling price creates additional demand, while shown inventory also positively enhances dema...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2024-06-01
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Series: | Results in Control and Optimization |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666720724000389 |