Pricing and lot-sizing decisions for perishable goods when demand depends on selling price, reference price, product freshness, and displayed stocks.
Ruihai LiJinn-Tsair TengPublished in: Eur. J. Oper. Res. (2018)
Keyphrases
- single product
- lot sizing
- lead time
- inventory systems
- periodic review
- planning horizon
- single item
- multi item
- production planning
- supply chain
- inventory control
- rolling horizon
- assembly systems
- multi period
- service level
- customer demand
- fixed cost
- decision makers
- setup cost
- lost sales
- decision making
- single stage
- joint replenishment
- cutting stock
- holding cost
- inventory level
- multistage
- random variables
- total cost
- lot size
- finite horizon
- mixed integer programming
- stochastic demand
- inventory models
- utility function
- information goods
- electronic commerce
- production rate
- infinite horizon
- ordering cost
- replenishment policy
- inventory replenishment
- yield management
- pricing strategies
- expected profit
- inventory management
- dynamic pricing
- dynamic programming
- pricing mechanism
- bayesian networks