TY - JOUR AU - Pando Fernández, Valentín AU - San José Nieto, Luis Augusto AU - Sicilia Rodríguez, Joaquín AU - Alcaide López de Pablo, David PY - 2021 SN - 2227-7390 UR - https://uvadoc.uva.es/handle/10324/59733 AB - This paper presents the optimal policy for an inventory model where the demand rate potentially depends on both selling price and stock level. The goal is the maximization of the profitability index, defined as the ratio income/expense. A numerical... LA - eng PB - MDPI KW - Inventory control - Mathematical models KW - Gestión de existencias - Modelos matemáticos KW - Gestión de existencias KW - Industrial Management KW - Administracion de empresas KW - Profit KW - Applied mathematics KW - Price- and stock-dependent demand KW - Demanda dependiente del precio y de las existencias TI - Profitability index maximization in an inventory model with a price- and stock-dependent demand rate in a power-form DO - 10.3390/math9101157 ER -