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the retailer's optimal order quantity and pricing decisions. We find that even though the retailer faces uncertain demand …
Persistent link: https://www.econbiz.de/10010597251
A great number of models have been proposed to investigate the deterioration inventory. However, most of models assume … consider the pricing and lot-sizing problem for products with quality and physical quantity deteriorating simultaneously. The …
Persistent link: https://www.econbiz.de/10010869056
We consider a price-setting newsvendor problem with partial information. The newsvendor does not know the price-dependent probability distribution of demand, but is able to estimate lower and upper limits of the market size and consumer willingness-to-pay. The objective is to minimize the...
Persistent link: https://www.econbiz.de/10010869189
determining the ideal supplier credit period, and of the best way for the retailer to make multi-item replenishment and pricing … described, as well as discuss the impact of the freight cost discounts, the inventory holding cost, and the interest rate on the …
Persistent link: https://www.econbiz.de/10010597253
In this study, we revisit research contributed by Burwell et al. (1997. International Journal of Production Economics 48, 141–155), where an economic lot size model for price-dependent demand under quantity and freight discounts was proposed. Specifically, for the cases of mixed discounts in...
Persistent link: https://www.econbiz.de/10010665785
The classic Economic Order Quantity model assumes that the unit purchasing cost is not based on the order quantity. In …
Persistent link: https://www.econbiz.de/10011043383
We consider the joint pricing and inventory problem of a capacity constrained service facility with several classes of … inventory decisions. We also show that the prices given by the first order conditions are also incentive compatible in the sense …
Persistent link: https://www.econbiz.de/10011076729
The purpose of this study is to test empirically for the first time the general hypothesis that inventory to sales … ratios have decreased over time in the German economy. Although inventory reduction has been a prevalent topic in the … leading (lagging behind) inventory reduction? Has inventory reduction developed differently for raw materials, work …
Persistent link: https://www.econbiz.de/10011043298
Online retailers (or Internet divisions of brick and mortar retailers) often offer shipping discounts (for example “free shipping on orders above $150”) to entice customers. The premise is that the retailer will attract more customers and these customers will likely buy more per order to...
Persistent link: https://www.econbiz.de/10011043411
Determination of the optimal lot sizing strategy when the vendor offers limited time price incentives, such as pre-announcement of a price increase that will take effect after a finite time or a price discount that is valid for a limited time, is a common problem that has been extensively...
Persistent link: https://www.econbiz.de/10010572534