Zhu, Stuart X. - In: European Journal of Operational Research 216 (2012) 1, pp. 105-112
We study a single-item periodic-review model for the joint pricing and inventory replenishment problem with returns and … backlogged. We characterize the optimal dynamic policy that determines the pricing, inventory replenishment, and adjustment … function, we can show that the optimal replenishment policy is a modified base-stock policy, the optimal pricing policy is a …