Hybrid Transshipment Policy and Ordering Model for Multiple Periods with Customer Switching Behaviour

Table 1

List of notations.

	Arrival rates of retailer
	Order quantities of retailer
	Switching rate of retailer
	Selling price of retailer
	Number of remaining periods
	A unit cost of ordering
	Transport cost of retailer
	Delay cost of retailer
	Shortage cost
	Predetermined transshipment price of retailer
	Salvage value of retailer
	Inventory levels of retailer
	The state space
	Maximum expected total profit when there are remaining periods starting in state
	Transshipment lower levels for retailer
	Transshipment upper levels for retailer