Joint Pricing and Inventory Control under Reference Price Effects

Joint Pricing and Inventory Control under Reference Price Effects

In this work, we address the problem of simultaneously determining a pricing and inventory replenishment strategy under reference price effects. This reference price effect models the fact that consumers not only react sensitively to the current price, but also to deviations from a reference price f...

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Bibliographic Details
Main Author: Gimpl-Heersink, Lisa (auth)
Format: Book Chapter
Published: Bern Peter Lang International Academic Publishing Group 2018
Subjects:
Production & quality control management
Purchasing & supply management
Analytical Analysis
Control
Dynamic Programming
Effects
Gimpl
Heersink
Integrated Pricing and Inventory Models
Inventory
Joint
Price
Pricing
Reference
Stochastic Demand Models
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