Optimal production policy for multi-product with inventory-level-dependent demand in segmented market
Market segmentation has emerged as the primary means by which firms achieve optimal production policy. In this paper, we use market segmentation approach in multi-product inventory system with inventory-level-dependent demand. The objective is to make use of optimal control theory to solve the i...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
University of Belgrade
2013-01-01
|
Series: | Yugoslav Journal of Operations Research |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/0354-0243/2013/0354-02431300023S.pdf |