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MP
2006
87views more  MP 2006»
13 years 4 months ago
A Robust Optimization Approach to Dynamic Pricing and Inventory Control with no Backorders
In this paper, we present a robust optimization formulation for dealing with demand uncertainty in a dynamic pricing and inventory control problem for a make-to-stock manufacturing...
Elodie Adida, Georgia Perakis
CDC
2010
IEEE
112views Control Systems» more  CDC 2010»
12 years 12 months ago
Dynamic product assembly and inventory control for maximum profit
We consider a manufacturing plant that purchases raw materials for product assembly and then sells the final products to customers. There are M types of raw materials and K types o...
Michael J. Neely, Longbo Huang