Optimal ordering and pricing policies in managing perishable products with quality deterioration.
Jing ChenZhongwei TianWei HangPublished in: Int. J. Prod. Res. (2021)
Keyphrases
- yield management
- inventory replenishment
- inventory policy
- dynamic pricing
- uncertain demand
- high quality
- optimal pricing
- pricing strategies
- revenue management
- expected profit
- finite horizon
- optimal solution
- periodic review
- product quality
- optimal policy
- inventory control
- inventory systems
- software product
- optimal strategy
- ordering policy
- budget constraints
- lead time
- service level
- dynamic programming
- electronic commerce
- base stock policies
- joint replenishment
- total cost
- financial markets
- average cost
- scheduling policies
- state dependent