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Dynamic Pricing of Limited Inventories When Customers Negotiate
Kuo, Chia-Wei; Ahn, Hyun-Soo; Aydin, Goker - 2012
Although take-it-or-leave-it pricing is the main mode of operation for many retailers, a number of retailers discreetly allow price negotiation when some haggle-prone customers ask for a bargain. At these retailers, the posted price, which itself is subject to dynamic adjustments in response to...
Persistent link: https://www.econbiz.de/10014178635
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Inventory Auditing and Replenishment Using Point-of-Sales Data
Bassamboo, Achal; Moreno, Antonio; Stamatopoulos, Ioannis - 2020
Spoilage, expiration, damage due to employee/customer handling, employee theft, and customer shoplifting usually are not reflected in inventory records. As a result, records often report phantom inventory, that is, units of good not available for sale. We derive an optimal polynomial‐time...
Persistent link: https://www.econbiz.de/10014141189
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Exact Characterization of the Jointly Optimal Restocking and Auditing Policy in Inventory Systems with Record Inaccuracy
Chehrazi, Naveed - 2022
, demand is modeled by a point process and is observable only when it leads to sales. In addition to demand that can reduce the … is a threshold policy. Our proof of this result is based on a coupling argument which is valid for any demand and loss … Bayesian shelf stock distribution induced by the demand and loss process. Instead, our characterization of the jointly optimal …
Persistent link: https://www.econbiz.de/10014243303
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Inventory model for instant deteriorating items with seasonal price and time dependent ramp type demand
Sharma, Ashish; Kumar, Mukesh; Saraswat, Amit Kumar - In: International journal of procurement management 13 (2020) 5, pp. 653-664
Persistent link: https://www.econbiz.de/10012515782
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The model of demand and inventory in a decline phase of the product life cycle
Hachuła, Piotr; Schmeidel, Ewa - In: Folia oeconomica Stetinensia : FOS 16 (2016) 1, pp. 208-221
Persistent link: https://www.econbiz.de/10011713583
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Advance selling by a newsvendor retailer
Prasad, Ashutosh; Stecke, Kathryn E.; Zhao, Xuying - In: Production and operations management : an international … 20 (2011) 1, pp. 129-142
Persistent link: https://www.econbiz.de/10008841608
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Willingness to pay for imperfect information : evidence from a newsvendor problem
Köster, Christian - In: Entscheidungstheorie und –praxis : Tagungsband des …, (pp. 113-135). 2015
Persistent link: https://www.econbiz.de/10011308473
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Robust price-setting newsvendor model with interval market size and consumer willingness-to-pay
Wang, Charles X.; Webster, Scott; Zhang, Sidong - In: International journal of production economics 154 (2014), pp. 100-112
Persistent link: https://www.econbiz.de/10010386369
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Willingness to pay for shifting inventory risk : the role of contractual form
Kremer, Mirko; Van Wassenhove, Luk N. - In: Production and operations management : an international … 23 (2014) 2, pp. 239-252
Persistent link: https://www.econbiz.de/10010340266
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An EOQ model with partial delayed payment and partial backordering
Taleizadeh, Ata Allah; Pentico, David W.; Jabalameli, … - In: Omega : the international journal of management science 41 (2013) 2, pp. 354-368
Persistent link: https://www.econbiz.de/10009682174