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Optimal Pricing and Production Master Planning in a Multiperiod Horizon Considering Capacity and Inventory Constraints

dc.creatorNeale Ricardo Smith Cornejo
dc.creatorLeopoldo Eduardo Cárdenas Barrón
dc.date2009
dc.date.accessioned2018-10-19T13:37:40Z
dc.date.available2018-10-19T13:37:40Z
dc.identifier.issn1024123X
dc.identifier.doi10.1155/2009/932676
dc.identifier.urihttp://hdl.handle.net/11285/630636
dc.descriptionWe formulate and solve a single-item joint pricing and master planning optimization problem with capacity and inventory constrains. The objective is to maximize profits over a discrete-time multiperiod horizon. The solution process consists of two steps. First, we solve the single-period problem exactly. Second, using the exact solution of the single-period problem, we solve the multiperiod problem using a dynamic programming approach. The solution process and the importance of considering both capacity and inventory constraints are illustrated with numerical examples.
dc.languageeng
dc.relationhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-70349196170&doi=10.1155%2f2009%2f932676&partnerID=40&md5=cbe98577aa046aa79b1026dc08782333
dc.relationInvestigadores
dc.relationEstudiantes
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0
dc.sourceMathematical Problems in Engineering
dc.subjectDiscrete-time
dc.subjectExact solution
dc.subjectInventory constraints
dc.subjectJoint pricing
dc.subjectMaster planning
dc.subjectMulti-period
dc.subjectNumerical example
dc.subjectOptimization problems
dc.subjectSolution process
dc.subjectProfitability
dc.subjectSystems engineering
dc.subjectDynamic programming
dc.subject.classification7 INGENIERÍA Y TECNOLOGÍA
dc.titleOptimal Pricing and Production Master Planning in a Multiperiod Horizon Considering Capacity and Inventory Constraints
dc.typeArtículo
dc.identifier.volume2009
refterms.dateFOA2018-10-19T13:37:40Z


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