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Res."],"published-print":{"date-parts":[[2020,4]]},"abstract":"<jats:p> This paper studies a periodic-review production-inventory control model under an energy buy-back program over an infinite planning horizon, in which a fixed setup cost and compensation levels corresponding to various market states are involved. The objective is to identify the manufacturer\u2019s optimal production-inventory policy that can minimize his total discounted cost or long-run average cost. By using Veinott\u2019s conditions, it is shown that such a state dependent optimal policy is of either an [Formula: see text], or partly an [Formula: see text] type. <\/jats:p>","DOI":"10.1142\/s0217595920500013","type":"journal-article","created":{"date-parts":[[2020,3,12]],"date-time":"2020-03-12T03:19:13Z","timestamp":1583983153000},"page":"2050001","source":"Crossref","is-referenced-by-count":2,"title":["Optimal Production-Inventory Policy for a Periodic-Review Energy Buy-Back System over an Infinite Planning Horizon"],"prefix":"10.1142","volume":"37","author":[{"given":"Hong-Qiao","family":"Chen","sequence":"first","affiliation":[{"name":"School of Management & Engineering, Nanjing University, Nanjing, Jiangsu Province 210008, P. R. China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Xiao-Song","family":"Ding","sequence":"additional","affiliation":[{"name":"International Business School, Beijing Foreign Studies University, Beijing 100089, P. R. China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Ji-Hong","family":"Zhang","sequence":"additional","affiliation":[{"name":"International Business School, Beijing Foreign Studies University, Beijing 100089, P. R. China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Hua-Yi","family":"Li","sequence":"additional","affiliation":[{"name":"BNU Business School, Beijing Normal University, Beijing 100875, P. R. 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