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...

Full description

Bibliographic Details
Format: eBook
Language:English
Published: Bern Peter Lang International Academic Publishers 2018
Series:Forschungsergebnisse der Wirtschaftsuniversitaet Wien
Subjects:
Online Access:Open Access: DOAB: description of the publication
Open Access: DOAB, download the publication