Optimizing constant pricing and inventory decisions for a periodic review system with batch ordering
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DOI: 10.1007/s10479-018-3057-y
Abstract: In business practice the misalignment between frequent inventory adjustments and a sticky price is common. Motivated by Pipi Milk, a diary manufacturer who commits its customer at a fixed price for a whole year meanwhile… read more here.
Keywords: pricing inventory; system; periodic review; constant pricing ... See more keywords
Bundle pricing and inventory decisions on complementary products
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DOI: 10.1007/s12351-017-0335-4
Abstract: Selling correlated products faces the sellers with the cross-selling, which is a key factor in managing revenue and costs of the sellers. Cross-selling is a phenomenon which happens when the demands of products are correlated… read more here.
Keywords: pricing inventory; complementary products; inventory decisions; bundle pricing ... See more keywords
Joint pricing and inventory decision under a probabilistic selling strategy
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DOI: 10.1007/s12351-020-00599-x
Abstract: This study examines whether probabilistic selling could enhance inventory management considering market size uncertainty in a rather general setting. We propose to study the impact of probabilistic selling on the profit, price and order quantity… read more here.
Keywords: inventory decision; joint pricing; pricing inventory; probabilistic selling ... See more keywords
Joint pricing, inventory, and preservation decisions for deteriorating items with stochastic demand and promotional efforts
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Industrial Engineering International"
DOI: 10.1007/s40092-018-0265-7
Abstract: This study models a joint pricing, inventory, and preservation decision-making problem for deteriorating items subject to stochastic demand and promotional effort. The generalized price-dependent stochastic demand, time proportional deterioration, and partial backlogging rates are used… read more here.
Keywords: stochastic demand; preservation; joint pricing; pricing inventory ... See more keywords
Joint Dynamic Pricing and Inventory Control for Perishable Products Taking into Account Partial Backlogging and Inflation
Sign Up to like & getrecommendations! Published in 2018 at "International Journal of Applied and Computational Mathematics"
DOI: 10.1007/s40819-018-0585-8
Abstract: A joint dynamic pricing and inventory model by considering the inflation and time value of money where the product has a limited lifetime is developed. The selling price depends on product lifetime and customer demand… read more here.
Keywords: joint dynamic; pricing inventory; pricing; dynamic pricing ... See more keywords
Joint pricing and inventory control in a make-to-stock queue with delay-sensitive customers
Sign Up to like & getrecommendations! Published in 2020 at "Journal of the Operational Research Society"
DOI: 10.1080/01605682.2020.1843977
Abstract: Abstract We consider price and inventory decisions in a make-to-stock system from the perspectives of a profit-maximizing server and a social planner in which customers are delay-sensitive. Under two information cases (i.e. an almost unobservable… read more here.
Keywords: pricing inventory; stock; inventory; case ... See more keywords
Multiperiod Dynamic Pricing and Inventory Control Decisions for an Omnichannel BOPS Retailer with Reference Price Effects
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DOI: 10.1155/2021/9650805
Abstract: This paper utilizes the consumers’ reference price in prospect theory to analyze an omnichannel retailer’s multiperiod pricing and inventory management problem in which consumers can cancel their orders before payment and return the products after… read more here.
Keywords: price; pricing inventory; price effects; reference price ... See more keywords
Joint production planning, pricing and inventory control for deteriorating items
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DOI: 10.1504/ijsom.2017.10007865
Abstract: In this paper, an inventory model with time and price dependent demand is developed in two echelon supply chain consists of producer and retailer. Deterioration rate considering in this model is assumed to follow Weibull… read more here.
Keywords: production; production planning; planning pricing; joint production ... See more keywords