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This dissertation is concerned with decision making in retail operations management. Specifically, we focus on pricing, variety, and inventory decisions, which are at the interface of the marketing and operations functions of a retail firm. We consider two problems that relate to two major types...
Persistent link: https://www.econbiz.de/10009434089
We consider a continuous time dynamic pricing model where a seller needs to sell a single item over a finitetime horizon. Customers arrive in accordance with a Poisson process. Upon arrival, a customer either purchasesthe item if the posted price is lower than his/her reservation price, or...
Persistent link: https://www.econbiz.de/10009433733