Pricing and determining the optimal discount time of perishable goods with time and price dependent demand.
Fatemeh ZabihiMorteza Khakzar BafrueiPublished in: RAIRO Oper. Res. (2017)
Keyphrases
- dynamic pricing
- inventory replenishment
- profit maximizing
- periodic review
- optimal capacity
- yield management
- inventory systems
- pricing mechanism
- optimal pricing
- inventory control
- uncertain demand
- lost sales
- finite horizon
- lead time
- budget constraints
- single product
- joint replenishment
- pricing strategies
- stochastic demand
- inventory policy
- pricing model
- dynamic programming
- supply chain management
- network revenue management
- revenue management
- single item
- reinforcement learning
- replenishment policy
- single stage
- supply chain
- optimal solution