The paper shows that taking inventory control out of the hands of competitive or exclusive retailers and assigning it … to a manufacturer increases the value of a supply chain especially for goods whose demand is highly volatile. This is … because doing so solves incentive distortions that arise when retailers have to allocate inventory across sales periods, and …

The paper shows that taking inventory control out of the hands of competitive of exclusive retailers and assigning it … to a manufacturer increases the value of a supply chain especially for goods whose demand is highly volatile. This is … because doing so solves incentive distortions that arise when retailers have to allocate inventory across sales periods, and …

dealing with product inventory planning are seeking proper management strategies not only to increase profits but also to … selling price and storage time. Moreover, to make the present inventory planning more realistic, the unit holding cost … function is adopted as a power function of the inventory unit's storage period. The goal of this study is to provide the best …

model for log-linear and linear demand functions. We prove that for such profitmaximizing models, the optimal batch size is … highly price-sensitive and non-linear demand. Moreover, we establish that, in general, the profit penalty for not including … inventory costs in determining the optimal batch size, or ignoring the batch size optimization issue in a mark-up price model is …

period, the firm determines its selling price and inventory replenishment quantity, but it knows neither the form of demand … learning and action in a sense that the firm actively experiments on pricing and inventory levels to collect demand information …. Demand in each period is stochastic and price-dependent, and unsatisfied demands are backlogged. At the beginning of each …

We consider a joint pricing and inventory control problem in which the customer's response to selling price and the … demand distribution are not known a priori. Unsatisfied demand is lost and unobserved, and the only available information for … decision-making is the observed sales data (a.k.a. censored demand). Conventional approaches, such as stochastic approximation …

We consider the periodic review dynamic pricing and inventory control problem with fixed ordering cost. Demand is … function of on-hand inventory level, characterizes the pricing strategy. In this paper, we consider incomplete demand … random and price dependent, and unsatisfied demand is backlogged. With complete demand information, the celebrated (s …

Purpose: The aim of this article is developing an integrated production-inventory-marketing model for a two …-stage supply chain. The demand rate is considered as the Iso-elastic decreasing function of the selling price. The main research … solution. Findings and Originality/value: It is observed that under joint optimization, the demand rate and the supply chain …

two manufacturers. The retailer informs the suppliers of the total order quantity, namely Q, based on demand forecast … ahead of the selling season. The suppliers manufacture products according to the predicted quantity. When the actual demand … has been observed, the retailer conducts demand learning and determines the actual order quantity. Under the assumption …

decision-making on replenishment and inventory rationing. This inventory strategy presents significant complexities in … traditional dynamic pricing and inventory management problems, particularly in unpredictable market environments. Therefore, we … dynamic pricing and inventory management problems …