Pricing and lot-sizing decision for fresh goods when demand depends on unit price, displaying stocks and product age under generalized payments.
Lin FengWan-Chih WangJinn-Tsair TengLeopoldo Eduardo Cárdenas-BarrónPublished in: Eur. J. Oper. Res. (2022)
Keyphrases
- lot sizing
- single product
- lead time
- planning horizon
- inventory systems
- production planning
- periodic review
- single item
- multi period
- multi item
- fixed cost
- information goods
- profit maximizing
- lot size
- multistage
- pricing mechanism
- setup cost
- holding cost
- rolling horizon
- inventory replenishment
- inventory control
- assembly systems
- pricing strategies
- capacity expansion
- production rate
- setup times
- decision making
- production cost
- dynamic pricing
- mechanism design
- mixed integer programming
- supply chain
- cutting stock
- stock market
- customer demand
- replenishment policy
- inventory models
- finite horizon
- stock price
- single stage
- decision makers
- electronic commerce
- inventory policy
- random variables
- upper bound
- ordering cost
- total cost
- pricing model
- infinite horizon
- inventory level
- expected profit
- service level
- revenue management
- lost sales