Single Period Inventory Control and Pricing An Empirical and Analytical Study of a Generalized Model
The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively...
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Main Author: | Arikan, Emel (auth) |
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Format: | Electronic Book Chapter |
Language: | English |
Published: |
Bern
Peter Lang International Academic Publishing Group
2018
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Series: | Forschungsergebnisse der Wirtschaftsuniversitaet Wien
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Subjects: | |
Online Access: | DOAB: download the publication DOAB: description of the publication |
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