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Our work is motivated by a common business constraint in online markets. While firms respect the advantages of dynamic pricing and price experimentation, they must limit the number of price changes (i.e., switches) to be within some budget due to various practical reasons. We study both the...
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We study an inventory allocation problem in a two-echelon (single-warehouse multiple-retailer) setting with lost sales. At the start of a finite selling season, a fixed amount of inventory is available at the warehouse, and can be allocated to the retailers over the course of the selling horizon...
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We consider a joint pricing and inventory control problem where pricing can be adjusted more frequently, such as every period, than inventory ordering decisions, which are made every epoch that consists of multiple periods. This is motivated by many examples, especially for online retailers,...
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