Optimal dynamic pricing for deteriorating items with reference price effects when inventories stimulate demand.
Tsu-Pang HsiehChung-Yuan DyePublished in: Eur. J. Oper. Res. (2017)
Keyphrases
- dynamic pricing
- inventory replenishment
- optimal pricing
- supply chain management
- revenue management
- inventory control
- pricing strategies
- pricing model
- market conditions
- learning curve
- production capacity
- demand function
- total cost
- optimal solution
- lot size
- inventory level
- average cost
- stochastic demand
- periodic review
- production system