The e-commerce business has grown significantly over the past few years. mainly due to providing a better customer experience through advance booking and order cancellation options with a full refund. In this paper. the inventory control problem of a firm that offers advance booking for the product and cancellation (with a full refund) before the due delivery date is addressed. https://www.izztop.com/product-category/default/
Optimal Pricing and Advertisement Policy for an Advance Order Booking Inventory System with Order Cancellation under Inflationary Condition
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