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-sensitive uncertain demand environment, and to make the optimal decisions on retail price and order quantity for both mechanisms. Design … combines it with price-sensitive demand under stochastic settings while comparing VMI and CPFR supply chain mechanisms and … performance measures when the demand is price-sensitive and stochastic was not reported by researchers in the past literature. …
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, holding and setups costs. The consumers' demand in each channel is represented by attraction demand models which include the … multinomial logit (MNL), multiplicative competitive interaction (MCI) and linear demand models. The addressed problem is …
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optimization to maximize future revenues or profits of multiple items. The prescriptive price optimization requires accurate demand …-integer optimization (MIO) techniques. We use the optimal regression trees for demand forecasting and then formulate the associated price …
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