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...
Call Number: | Libro Electrónico |
---|---|
Main 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.