Solving a Joint Pricing and Inventory Control Problem for Perishables via Deep Reinforcement Learning

Table 1

Notations grouped by the elements of the RL problem.

	Price charged by the agent for each item
	Order quantity
	Customer demand ( if depending on )
	Lifetime of the product,
	Order lead time,
	Fixed order cost
	Variable cost per item
	Penalty cost per unmet item
	Holding cost for per item left
	Cost for each item disposed
	Inventory position of age ,
	Inventory position of all ages
	On-hand inventory
	The reward function of the agent