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Single Period Inventory Control and Pricing An Empirical and Analytical Study of a Generalized Model

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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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Bibliographic Details
Main Author: Arikan, Emel (auth)
Format: Electronic Book Chapter
Language:English
Published: Bern Peter Lang International Academic Publishers 2018
Series:Forschungsergebnisse der Wirtschaftsuniversitaet Wien 43
Subjects:
Monetary economics
Analytical
Arikan
Control
Empirical
Generalized
Inventory
Lagerhaltungsmodell
Model
Nachfrageverhalten
Optimierung
Period
Preispolitik
Pricing
Single
Study
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