Single Period Inventory Control and Pricing

The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively...

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Bibliographic Details
Main Author: Arikan, Emel
Format: Online
Language:English
Published: Peter Lang International Academic Publishers 2021
Subjects:
Online Access:1003180
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