The reference effect on a retailer's selling strategy with limited initial inventory level and strategic consumer behavior.
Nenggui ZhaoQiang WangJie WuPublished in: Comput. Ind. Eng. (2022)
Keyphrases
- consumer behavior
- marketing strategies
- inventory level
- dynamic pricing
- single product
- supply chain
- online shopping
- expected cost
- order quantity
- inventory control
- optimal strategy
- long run
- customer demand
- state dependent
- stochastic demand
- pricing strategies
- decision making
- infinite horizon
- total cost
- production system
- knowledge management
- active learning