A Stochastic Inventory Model with Price Quotation
This thesis studies a single item periodic review inventory problem with stochastic demand, random price and quotation cost. It differs from the traditional inventory model in that at the beginning of each period, a decision is made whether to pay the quotation cost to get the price information. If...
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| Language: | en_ca |
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2009
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| Online Access: | http://hdl.handle.net/1807/17794 |