Optimal Dynamic Joint Inventory-Pricing Control for Multiplicative Demand with Fixed Order Costs and Lost Sales

被引：75

作者：

Song, Yuyue ^{[1
]}

Ray, Saibal ^{[2
]}

Boyaci, Tamer ^{[2
]}

机构：

[1] Mem Univ Newfoundland, Fac Business Adm, St John, NF A1B 3X5, Canada

[2] McGill Univ, Desautels Fac Management, Montreal, PQ H3A 1G5, Canada

来源：

OPERATIONS RESEARCH | 2009年 / 57卷 / 01期

基金：

加拿大自然科学与工程研究理事会;

关键词：

STRATEGIES;

D O I：

10.1287/opre.1080.0530

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

This note studies the optimal dynamic decision-making problem for a retailer in a price-sensitive, multiplicative demand framework. Our model incorporates lost sales, holding cost, fixed and variable procurement costs, as well as salvage value. We characterize the structure of the retailer's (discounted) expected profit-maximizing dynamic inventory policy for both finite and infinite selling horizon problems.

引用

页码：245 / 250

页数：6

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