Adapted cross entropy method to investigate costly price-changes in pricing and production planning
In this paper, we propose an adaptation of the cross entropy (CE) method, called ACE, to solve an integrated production planning and pricing problem in which price change is not costless. More specifically, we consider a firm with a common production capacity shared amongst multiple products. We sho...
| Main Authors: | Mardaneh, Elham, Caccetta, Louis |
|---|---|
| Format: | Journal Article |
| Published: |
Yokohama Publishers
2016
|
| Online Access: | http://www.ybook.co.jp/online2/pjov12-2.html http://hdl.handle.net/20.500.11937/21253 |
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