A Joint Dynamic Pricing, Advertising, and Production Model with Inventory-Level-Dependent Goodwill

Inventory level has a significant impact on the goodwill of products to customers, which seldom becomes the focus of previous studies. In this paper, joint dynamic pricing, advertising, and production decision-making problem is investigated, where the demand rate depends on sales price and goodwill....

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Bibliographic Details
Main Authors: Yongzhao Wang, Liqun Wei, Jianxiong Zhang
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2020/9257380