This paper presents the optimal policy for an inventory model where demand rate potentially depends on both selling price and stock level. The goal is maximization of profitability index, defined as ratio income/expense. A numerical algorithm proposed to calculate price. values depletion time, cycle maximum lot size are evaluated from solution shows that must be replenished when depleted, i.e.,...

This study proposes a novel option-revenue sharing coordination contract framework. In the proposed model, the retailer determines the number of order sales effort. The manufacturer sets the price of products for the wholesale strategy. The investigated supply chain problem analyzes the results of different strategies. In the proposed coordination contract problem, two types of games including ...

This study investigates the influence of gas price, crude oil price and international coal demand on sales volume, selling revenue, financial performance, business risk stock Indonesia mining is listed Stock Exchange (IDX). The sample companies IDX in period 2014 – 2018. employs a structural equation model using GeSCA software to examine relationship effect between research variables. empirical...

In this paper, we present a robust optimization formulation for dealing with demand uncertaintyin a dynamic pricing and inventory control problem for a make-to-stock manufacturing system. Weconsider a multi-product capacitated, dynamic setting. We introduce a demand-based fluid modelwhere the demand is a linear function of the price, the inventory cost is linear, the production ...

In this paper, we present a continuous time optimal control model for studying a dynamic pricing and inventory control problem for a make-to-stock manufacturing system. We consider a multiproduct capacitated, dynamic setting. We introduce a demand-based model where the demand is a linear function of the price, the inventory cost is linear, the production cost is an increasing strictly convex fu...

In this paper, we study a make-to-stock manufacturing system where two firms compete through dynamic pricing and inventory control. Our goal is to address competition (in particular a duopoly setting) together with the presence of demand uncertainty. We consider a dynamic setting where multiple products share production capacity. We introduce a demand-based fluid model where the demand is a lin...