Optimal dynamic pricing for non-instantaneous deteriorating items dependent on price and time demand.
Lisha WangHuaming SongHui YangFu HuangPublished in: Int. J. Comput. Sci. Math. (2020)
Keyphrases
- dynamic pricing
- inventory replenishment
- optimal pricing
- revenue management
- pricing strategies
- inventory control
- supply chain management
- pricing model
- demand function
- total cost
- learning curve
- dynamic programming
- market conditions
- lot size
- stochastic demand
- optimal control
- optimal strategy
- periodic review
- probability distribution