An optimal inventory policy when purchase price follows geometric Brownian motion process

DOI10.1007/S12597-020-00500-6OpenAlexW3131368993MaRDI QIDQ2150466

Suresha Kharvi, T. P. M. Pakkala

Publication date: 27 June 2022

Published in: Opsearch (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s12597-020-00500-6

zbMATH Keywords

Gaussian processinventorygeometric Brownian motionexchange rateoptimal expected costprice-dependent holding costpurchase price

Mathematics Subject Classification ID

Operations research and management science (90Bxx)

Cites Work

• Ordering policies under currency risk sharing agreements: a Markov chain approach
• An economic order quantity model with a known price increase and partial backordering
• Inventory Models with Cost Changes
• Optimal EOQ for Announced Price Increases in Infinite Horizon
• Optimal Ordering Strategies for Announced Price Increases
• An Inventory Model with Finite Horizon and Price Changes
• A Note on the Paper: An Inventory Model with Finite Horizon and Price Changes
• On some inventory models involving shortages under an announced price increase
• On the Finite Horizon EOQ Model with Cost Changes

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