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Joint inventory and constant price decisions for a continuous review system

The purpose of this paper is to study joint inventory and pricing strategy for a continuous inventory review system. While dynamic pricing decisions are often studied in the literature along with inventory management, the authors’ aim in this study is to obtain a single long-run optimal price; also to gain insight about how to obtain the optimal price and inventory control variables simultaneously and then the benefits of joint optimization of the inventory and pricing decisions over the sequential optimization policy often followed in practice.

Ketersediaan
#
IPC Corporate University Library ATC LO KIE j C.1
ATC1602184
Tersedia
Informasi Detail
Judul Seri
International Journal of Physical Distribution & Logistics Management
No. Panggil
ATC LO KIE j
Penerbit
Turkey : Emerald Insight.,
Deskripsi Fisik
30 p.
Bahasa
English
ISBN/ISSN
-
Klasifikasi
LO
Tipe Isi
-
Tipe Media
-
Tipe Pembawa
online resource
Edisi
Vol. 42 No. 2, 2012 pp. 174-202
Subjek
Pricing
Inventory control
Demand model
Optimal pricing
Lost sales
Sequential optimization
Info Detail Spesifik
-
Pernyataan Tanggungjawab
Versi lain/terkait
JudulEdisiBahasa
Inventory control in environments with short lead timesVol. 37 No. 2, 2007 pp. 115-130en
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