{"id":"https://openalex.org/W2946156606","doi":"https://doi.org/10.1109/lra.2019.2916471","title":"A Joint Ordering, Pricing, and Freshness-Keeping Policy for Perishable Inventory Systems With Random Demand Over Infinite Horizon","display_name":"A Joint Ordering, Pricing, and Freshness-Keeping Policy for Perishable Inventory Systems With Random Demand Over Infinite Horizon","publication_year":2019,"publication_date":"2019-05-24","ids":{"openalex":"https://openalex.org/W2946156606","doi":"https://doi.org/10.1109/lra.2019.2916471","mag":"2946156606"},"language":"en","primary_location":{"id":"doi:10.1109/lra.2019.2916471","is_oa":false,"landing_page_url":"https://doi.org/10.1109/lra.2019.2916471","pdf_url":null,"source":{"id":"https://openalex.org/S4210169774","display_name":"IEEE Robotics and Automation Letters","issn_l":"2377-3766","issn":["2377-3766"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Robotics and Automation Letters","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100443330","display_name":"Yajun Zhang","orcid":"https://orcid.org/0000-0002-9661-6349"},"institutions":[{"id":"https://openalex.org/I76569877","display_name":"Southeast University","ror":"https://ror.org/04ct4d772","country_code":"CN","type":"education","lineage":["https://openalex.org/I76569877"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yajun Zhang","raw_affiliation_strings":["School of Automation, Southeast University, Nanjing, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Automation, Southeast University, Nanjing, China","institution_ids":["https://openalex.org/I76569877"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5100657764","display_name":"Zheng Wang","orcid":"https://orcid.org/0000-0001-9051-6569"},"institutions":[{"id":"https://openalex.org/I76569877","display_name":"Southeast University","ror":"https://ror.org/04ct4d772","country_code":"CN","type":"education","lineage":["https://openalex.org/I76569877"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zheng Wang","raw_affiliation_strings":["School of Automation, Southeast University, Nanjing, China"],"raw_orcid":"https://orcid.org/0000-0001-9051-6569","affiliations":[{"raw_affiliation_string":"School of Automation, Southeast University, Nanjing, China","institution_ids":["https://openalex.org/I76569877"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I76569877"],"apc_list":null,"apc_paid":null,"fwci":2.9425,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.91425394,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":97},"biblio":{"volume":"4","issue":"3","first_page":"2707","last_page":"2713"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9991000294685364,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9991000294685364,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10974","display_name":"Advanced Queuing Theory Analysis","score":0.9847999811172485,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10539","display_name":"Sustainable Supply Chain Management","score":0.9531000256538391,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/time-horizon","display_name":"Time horizon","score":0.5772309899330139},{"id":"https://openalex.org/keywords/random-variable","display_name":"Random variable","score":0.5121831893920898},{"id":"https://openalex.org/keywords/product","display_name":"Product (mathematics)","score":0.5074395537376404},{"id":"https://openalex.org/keywords/variable","display_name":"Variable (mathematics)","score":0.4881938099861145},{"id":"https://openalex.org/keywords/markov-decision-process","display_name":"Markov decision process","score":0.481484055519104},{"id":"https://openalex.org/keywords/markov-process","display_name":"Markov process","score":0.4647929072380066},{"id":"https://openalex.org/keywords/piecewise","display_name":"Piecewise","score":0.4635184705257416},{"id":"https://openalex.org/keywords/joint","display_name":"Joint (building)","score":0.4621793329715729},{"id":"https://openalex.org/keywords/quality","display_name":"Quality (philosophy)","score":0.4586804211139679},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.4484531581401825},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.4389714300632477},{"id":"https://openalex.org/keywords/dynamic-pricing","display_name":"Dynamic pricing","score":0.43419981002807617},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4194721579551697},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.382315069437027},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.34188371896743774},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3076522946357727},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.22553786635398865},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.10455948114395142},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.08471652865409851}],"concepts":[{"id":"https://openalex.org/C28761237","wikidata":"https://www.wikidata.org/wiki/Q7805321","display_name":"Time horizon","level":2,"score":0.5772309899330139},{"id":"https://openalex.org/C122123141","wikidata":"https://www.wikidata.org/wiki/Q176623","display_name":"Random variable","level":2,"score":0.5121831893920898},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.5074395537376404},{"id":"https://openalex.org/C182365436","wikidata":"https://www.wikidata.org/wiki/Q50701","display_name":"Variable (mathematics)","level":2,"score":0.4881938099861145},{"id":"https://openalex.org/C106189395","wikidata":"https://www.wikidata.org/wiki/Q176789","display_name":"Markov decision process","level":3,"score":0.481484055519104},{"id":"https://openalex.org/C159886148","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov process","level":2,"score":0.4647929072380066},{"id":"https://openalex.org/C164660894","wikidata":"https://www.wikidata.org/wiki/Q2037833","display_name":"Piecewise","level":2,"score":0.4635184705257416},{"id":"https://openalex.org/C18555067","wikidata":"https://www.wikidata.org/wiki/Q8375051","display_name":"Joint (building)","level":2,"score":0.4621793329715729},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.4586804211139679},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.4484531581401825},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.4389714300632477},{"id":"https://openalex.org/C2779391423","wikidata":"https://www.wikidata.org/wiki/Q17009728","display_name":"Dynamic pricing","level":2,"score":0.43419981002807617},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4194721579551697},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.382315069437027},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.34188371896743774},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3076522946357727},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.22553786635398865},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.10455948114395142},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.08471652865409851},{"id":"https://openalex.org/C170154142","wikidata":"https://www.wikidata.org/wiki/Q150737","display_name":"Architectural engineering","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/lra.2019.2916471","is_oa":false,"landing_page_url":"https://doi.org/10.1109/lra.2019.2916471","pdf_url":null,"source":{"id":"https://openalex.org/S4210169774","display_name":"IEEE Robotics and Automation Letters","issn_l":"2377-3766","issn":["2377-3766"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Robotics and Automation Letters","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G3286212384","display_name":null,"funder_award_id":"61673109","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":20,"referenced_works":["https://openalex.org/W1527859903","https://openalex.org/W1972680059","https://openalex.org/W1984988622","https://openalex.org/W2017374577","https://openalex.org/W2036362081","https://openalex.org/W2066653078","https://openalex.org/W2165993781","https://openalex.org/W2178892504","https://openalex.org/W2318908678","https://openalex.org/W2335050203","https://openalex.org/W2343006258","https://openalex.org/W2403950347","https://openalex.org/W2461839352","https://openalex.org/W2549872480","https://openalex.org/W2740824376","https://openalex.org/W2783229271","https://openalex.org/W2800143919","https://openalex.org/W2884330776","https://openalex.org/W2898807621","https://openalex.org/W2905466077"],"related_works":["https://openalex.org/W2111496288","https://openalex.org/W2385263368","https://openalex.org/W2347422947","https://openalex.org/W2474391410","https://openalex.org/W2061292372","https://openalex.org/W328874995","https://openalex.org/W2353392568","https://openalex.org/W2377341410","https://openalex.org/W2978786594","https://openalex.org/W3087810330"],"abstract_inverted_index":{"For":[0],"an":[1],"inventory":[2],"system":[3],"of":[4,43,67,132],"a":[5,20,33,57,105,113],"single":[6],"type":[7],"perishable":[8,98],"product":[9],"where":[10],"the":[11,16,24,41,52,79,85,90,125,141,146,150],"demand":[12,53],"is":[13,27,121,145],"dependent":[14,28],"in":[15,29,138],"sale":[17],"price":[18],"plus":[19,32],"random":[21,34],"variable,":[22,35],"and":[23,65,94,118,149,153],"decay":[25,59],"rate":[26],"freshness-keeping":[30,95,119,151],"effort":[31,70],"due":[36],"to":[37,50,63,83],"their":[38],"quality":[39,73],"deterioration":[40],"amount":[42],"available":[44],"products":[45,99],"that":[46],"can":[47,71],"be":[48],"used":[49],"meet":[51],"will":[54],"decrease":[55,66],"with":[56],"certain":[58],"rate,":[60],"which":[61,112],"leads":[62],"wastage":[64],"profits.":[68],"Freshness-keeping":[69],"reduce":[72],"deterioration,":[74],"while":[75],"it":[76],"also":[77],"increases":[78],"cost.":[80],"In":[81],"order":[82],"maximize":[84],"expected":[86],"profits,":[87],"we":[88],"investigate":[89],"joint":[91,114],"ordering,":[92,116],"pricing,":[93,117],"problem":[96],"for":[97],"over":[100],"infinite":[101],"horizon.":[102],"We":[103],"present":[104],"Markov":[106],"decision":[107],"process":[108],"model":[109],"based":[110],"on":[111],"integrated":[115,134],"policy":[120,126,135,144,152,155],"obtained":[122],"by":[123],"employing":[124],"iteration":[127],"method.":[128],"Some":[129],"structural":[130],"properties":[131],"this":[133],"are":[136],"revealed":[137],"numerical":[139],"experiments:":[140],"optimal":[142],"ordering":[143],"(s,":[147],"S)-type,":[148],"pricing":[154],"have":[156],"piecewise":[157],"properties.":[158]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
