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dc.contributor.advisorDavid Simchi-Levi.en_US
dc.contributor.authorSun, Zhibo, S.M. Massachusetts Institute of Technologyen_US
dc.contributor.otherMassachusetts Institute of Technology. Computation for Design and Optimization Program.en_US
dc.date.accessioned2011-03-24T20:23:44Z
dc.date.available2011-03-24T20:23:44Z
dc.date.copyright2010en_US
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/61900
dc.descriptionThesis (S.M.)--Massachusetts Institute of Technology, Computation for Design and Optimization Program, 2010.en_US
dc.descriptionCataloged from PDF version of thesis.en_US
dc.descriptionIncludes bibliographical references (p. 51-54).en_US
dc.description.abstractWe investigate the effectiveness of an (s, S, p) policy relative to an (s, S, A, p) policy in a single product, periodic review, finite horizon model with stochastic multiplicative demand and fixed ordering cost, in which an (s, S, A, p) policy is optimal. An extensive numerical study shows that empirically an (s, S, p) policy is highly effective relative to an (s, S, A, p) policy. We also formulate two alternative benchmark policies and find that the (s, S, p) policy is superior in terms of profit. In addition, we propose an efficient algorithm with simulated annealing and modified binary search to determine the (s, S, p) policy for the model.en_US
dc.description.statementofresponsibilityby Zhibo Sun.en_US
dc.format.extent54 p.en_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsM.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectComputation for Design and Optimization Program.en_US
dc.titleThe effectiveness of a simple policy for coordinating inventory control and pricing strategiesen_US
dc.typeThesisen_US
dc.description.degreeS.M.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Computation for Design and Optimization Program.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Computation for Design and Optimization Program
dc.identifier.oclc706823648en_US


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