Price-to-Quality Ratio Dependent Demand: Optimal Dynamic Pricing and Replenishment Period.
Anna V. KitaevaNatalia V. StepanovaAlexandra O. ZhukovskayaPublished in: CoDIT (2018)
Keyphrases
- inventory replenishment
- dynamic pricing
- stochastic demand
- periodic review
- market conditions
- inventory control
- total cost
- inventory systems
- optimal pricing
- infinite horizon
- supply chain management
- revenue management
- pricing model
- lead time
- single stage
- learning curve
- planning horizon
- inventory models
- finite horizon
- supply chain
- single item
- fixed cost
- optimal control
- software engineering
- pricing strategies
- optimal solution
- customer service
- lot sizing
- markov decision processes
- optimal capacity
- dynamic programming