Optimal replenishment and stocking strategies for inventory mechanism with a dynamically stochastic short-term price discount
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Global Optimization"
DOI: 10.1007/s10898-017-0522-0
Abstract: This paper considers an inventory mechanism with a non-deterministic short-term price discount. In the mechanism, the supplier has a tendency to offer retailers a short-term price discount for a future occasion. Subsequently, when the discount… read more here.
Keywords: discount; mechanism; term price; price discount ... See more keywords
Optimal stocking strategies for inventory mechanism with a stochastic short-term price discount and partial backordering
Sign Up to like & getrecommendations! Published in 2019 at "International Journal of Production Research"
DOI: 10.1080/00207543.2019.1567949
Abstract: Price discount is an important research topic in the field of inventory management. The existing research on this topic mainly considers fixed price discount, but ignores the situation in which stochastic short-term price discount may… read more here.
Keywords: discount; term price; stochastic short; price discount ... See more keywords