Integration of Inventory and Pricing Decisions with Costly Price Adjustments

Motivated by the widespread adoption of dynamic pricing in industry and the empirical evidence of costly price adjustments, in this paper we consider a periodic-review inventory model with price adjustment costs that consist of both fixed and variable components. In each period, demand is stochastic...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Operations research 2011-09, Vol.59 (5), p.1144-1158
Hauptverfasser:	Chen, Xin, Zhou, Sean X., Youhua (Frank) Chen
Format:	Artikel
Sprache:	eng
Schlagworte:	Analysis Applied sciences base-stock Cost efficiency Costs Economic costs Exact sciences and technology Firm modelling Fixed costs Heuristic Heuristics Inventory Inventory control Inventory control, production control. Distribution inventory system Methods Operational research and scientific management Operational research. Management science Optimal policy Perfect price discrimination price adjustment costs Price changes Price level changes Pricing Pricing policies Revenue Revenue management Studies Variable costs
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!