Combined Sales Effort and Inventory Control under Demand Uncertainty
We study the joint inventory and sales effort management problems of a retailer in a broad context and investigate the optimal policies for a single item, periodic-review system. In each period, the demand is uncertain depending on the sales effort level exerted by the retailer, which incurs an asso...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Wiley
2013-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2013/984513 |