Integrating Dynamic Pricing with Inventory Decisions Under Lost Sales.
Qi FengSirong LuoJ. George ShanthikumarPublished in: Manag. Sci. (2020)
Keyphrases
- dynamic pricing
- lost sales
- inventory control
- inventory level
- inventory models
- inventory systems
- lead time
- periodic review
- optimal policy
- stochastic demand
- total cost
- supply chain management
- expected cost
- revenue management
- infinite horizon
- single stage
- multi item
- production system
- supply chain
- finite horizon
- single item
- pricing strategies
- lot sizing
- stochastic process
- long run
- holding cost
- state dependent
- learning curve
- online auctions
- steady state