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Stability is a fundamental design property of inventory systems. However, the often exploited linearity assumptions in … production and inventory system with a Forbidden Returns constraint (that is, a non-negative order rate) is studied via a … Inventory and Order Based Production Control System) and EPVIOBPCS (Estimated Pipeline, Variable Inventory and Order Based …
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Companies, especially those in e-business, are increasingly offering free shipping to buyers whose order sizes exceed the free shipping quantity. In this paper, given that the supplier offers free shipping, we determine the retailer’s optimal order lot size and the optimal retail price. We...
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