@inproceedings{8ac5089e2eb74211a45f2e81149bcda1,
title = "A stochastic inventory control problem with reputation-dependent demand",
abstract = "The paper addresses a problem of capacitated inventory control. It incorporates the reputation of the system as a key factor influencing the distribution of future demand. The reputation depends on the degree to which past demand was satisfied. The optimality conditions developed by means of a perturbation analysis technique allow formulating some structural properties of optimal dynamics of inventory and reputation. A numerical procedure is devised to calculate an optimal rule for inventory control. The rule determines the order quantity at each time period as a function of inventory and reputation of the system at the beginning of the period. A numerical example illustrates the applicability of the developed solution method.",
keywords = "Corporate reputation, Inventory control, Perturbation analysis, State-costate dynamics",
author = "E. Khmelnitsky and G. Singer",
year = "2009",
doi = "10.3182/20090603-3-ru-2001.0131",
language = "אנגלית",
isbn = "9783902661432",
series = "IFAC Proceedings Volumes (IFAC-PapersOnline)",
publisher = "IFAC Secretariat",
number = "4 PART 1",
pages = "1689--1693",
booktitle = "Proceedings of the 13th IFAC Symposium on Information Control Problems in Manufacturing, INCOM'09",
address = "אוסטריה",
edition = "4 PART 1",
}