Of late, much progress has been made in developing Estimation of DistributionAlgorithms (EDA), algorithms that use probabilistic modelling of high quality solutionsto guide their search. While experimental results on EDA behaviour are widelyavailable, theoretical results are still rare. This is...

We consider an economic order quantity model where the supplier offers an all-units quantitydiscount and a price sensitive customer demand. We compare a decentralized decision frameworkwhere selling price and replenishment policy are determined independently to simultaneous decisionmaking....

We consider a periodic review single‐item inventory model under stochastic demand. Every m periods, in the regular order period, fixed order costs are K. In the periods in‐between, the intraperiods, higher fixed order costs of LK$L>K$ apply. The literature on optimal inventory policies under...

We consider an economic order quantity model where the supplier offers an all-units quantity discount and a price sensitive customer demand. We compare a decentralized decision framework where selling price and replenishment policy are determined independently to simultaneous decision making....

We consider an economic order quantity model where the supplier offers an all-units quantity discount and a price sensitive customer demand. We compare a decentralized decision framework where selling price and replenishment policy are determined independently to simultaneous decision making....