Optimal pricing and inventory strategies for fashion products under time-dependent interest rate and demand.
Mustafa AkanErinç AlbeyMehmet Güray GülerPublished in: Comput. Ind. Eng. (2021)
Keyphrases
- optimal pricing
- pricing strategies
- dynamic pricing
- inventory control
- inventory level
- supply chain
- lead time
- production capacity
- customer demand
- pricing model
- revenue management
- stochastic demand
- replenishment policy
- production cost
- online auctions
- periodic review
- single item
- single product
- finite horizon
- customer service
- software agents
- total cost
- inventory management
- supply chain management
- fixed cost
- bid prices
- infinite horizon