Compound Poisson demand with price-dependent intensity for fast moving items: price optimisation and parameters estimation
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DOI: 10.1080/00207543.2016.1257168
Abstract: We consider a single-period single-item inventory system. The demand is a compound Poisson process with price-dependent intensity and continuous batch size distribution. The intensity of the customers’ arrivals is sufficiently high to use a diffusion… read more here.
Keywords: compound poisson; price dependent; price; dependent intensity ... See more keywords