Retailer's optimal strategy for a perishable product with increasing demand under various payment schemes.
Yan ShiZhiyong ZhangSunil TiwariZhiwen TaoPublished in: Ann. Oper. Res. (2022)
Keyphrases
- optimal strategy
- dynamic pricing
- single product
- expected cost
- inventory level
- lead time
- supply chain
- inventory systems
- inventory replenishment
- inventory control
- selling season
- lost sales
- decision problems
- stochastic demand
- replenishment policy
- customer demand
- holding cost
- monte carlo
- order quantity
- periodic review
- finite horizon
- revenue management
- joint replenishment
- demand function
- supply chain management
- inventory costs
- cooperative game
- service level
- planning horizon
- multi item
- production cost
- long run
- electronic commerce
- yield management
- decision making
- inventory policy
- raw material
- experimental data
- single stage
- total cost
- artificial intelligence
- single item