Pricing and inventory strategies under quick response with strategic and myopic consumers.
Xuantao WangPeng MaYulin ZhangPublished in: Int. Trans. Oper. Res. (2020)
Keyphrases
- quick response
- pricing strategies
- dynamic pricing
- inventory control
- profit maximization
- supply chain
- revenue management
- optimal pricing
- competitive environment
- infinite horizon
- case study
- lead time
- capacity planning
- pricing model
- periodic review
- single product
- decision making
- uncertain demand
- knowledge management
- joint replenishment
- market conditions
- service level
- online auctions
- optimal strategy
- real option
- brute force
- online shopping
- finite horizon