Pricing and Inventory Control for a Perishable Product
In this note, we study the concurrent determination of pricing and inventory replenishment decisions for a perishable product in an infinite horizon. Demands in consecutive periods are independent and influenced by prices charged in each period. In particular, we treat price as a decision variable t...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2009
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/1820 https://doi.org/10.1287/msom.1080.0238 |
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Institution: | Singapore Management University |
Language: | English |