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A model-based approximation of opportunity cost for dynamic pricing in attended home delivery.

Robert KleinJochen MackertMichael NeugebauerClaudius Steinhardt
Published in: OR Spectr. (2018)
Keyphrases
  • dynamic pricing
  • opportunity cost
  • supply chain management
  • revenue management
  • total cost
  • learning curve
  • pricing strategies
  • supply chain
  • approximation algorithms
  • budget constraints
  • search space
  • random walk