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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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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Arikan, Emel (Author)
Format: Thesis Electronic eBook
Language:Inglés
Published: Frankfurt a.M. Peter Lang GmbH, Internationaler Verlag der Wissenschaften 2018, ©2011.
Edition:1st, New ed.
Series:Free online access: JSTOR.
Subjects:
Online Access:Texto completo
Table of Contents:
  • Inventory management
  • Review of the newsvendor model
  • Price-taking and price-setting newsvendor model
  • Empirical study
  • Simulation of profits
  • Analysis of the generalized model
  • Elasticity of expected sales
  • Optimality conditions
  • Structural properties
  • Numerical study.