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...
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 |