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
Coordinating Inventory and Pricing Decisions with General Price‐Dependent Demands
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DOI: 10.1111/poms.12878
Abstract: We consider a periodic review, joint inventory and pricing control problem for a firm that faces general random price‐dependent demands. Any unsatisfied demand can be either backordered or lost immediately. The objective is to maximize… read more here.
Keywords: inventory pricing; dependent demands; price dependent; inventory ... See more keywords
A Mathematical Model for an Inventory Management and Order Quantity Allocation Problem with Nonlinear Quantity Discounts and Nonlinear Price-Dependent Demand
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DOI: 10.3390/axioms12060547
Abstract: This article focuses on solving the order quantity allocation problem for retailers. It considers factors such as quality constraints, nonlinear quantity discounts, and price-dependent demand. By formulating it as a nonlinear maximization problem, the article… read more here.
Keywords: problem; price dependent; order quantity; quantity ... See more keywords
Analysis of the Newsboy Problem subject to price dependent demand and multiple discounts
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DOI: 10.3934/jimo.2017083
Abstract: Existing papers on the Newsboy Problem that deal with price dependent demand and multiple discounts often analyze those two problems separately. This paper considers a setting where price dependence and multiple discounts are observed simultaneously,… read more here.
Keywords: dependent demand; multiple discounts; price dependent; price ... See more keywords