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This paper studies a problem of dynamic pricing faced by a retailer with limited inventory, uncertain about the demand rate model, aiming to maximize expected discounted revenue over an infinite time horizon. The retailer doubts his demand model which is generated by historical data and views it...
Persistent link: https://www.econbiz.de/10008487392
The return of used products (cores) is the beginning of remanufacturing. Although an appropriate pricing policy can effectively manage the returns, a static pricing policy cannot match the returns and demands because of the high uncertainties in both sides, which in turn results in high...
Persistent link: https://www.econbiz.de/10010782127
The sum-max 2-most reliable sources (Sum-Max 2-MRS) problem in a given unreliable network is referred to as finding a pair of nodes in the network from which the expected number of reachable nodes is maximized. This problem is #P-hard on general graphs and admits a cubic time algorithm on trees...
Persistent link: https://www.econbiz.de/10011278982