Joint pricing and replenishment policies for group-buying auction.
Allen H. TaiPublished in: Int. J. Intell. Eng. Informatics (2014)
Keyphrases
- group buying
- inventory replenishment
- dynamic pricing
- multiple independent
- optimal pricing
- revenue management
- total cost
- single product
- electronic commerce
- test bed
- business models
- demand uncertainty
- incentive mechanism
- inventory control
- periodic review
- optimal policy
- inventory systems
- lost sales
- reverse auction
- pricing model
- auction mechanisms
- online auctions
- holding cost
- inventory level
- finite horizon
- service level
- replenishment policy