proposed model gives better solutions than those where the maintenance cost to the lessor and the production inventory cost to …

a retail environment, one must take into account the interactions among inventory, dynamic pricing, and negotiation. The … outcome of the negotiation (and the final price a customer pays) depends on the inventory level, the remaining selling season … posted price and the resulting negotiation outcome as a function of inventory and time. We also show that negotiation is an …

We analyze an infinite horizon, single product, periodic review model in which pricing and production/inventory … general demand functions. In such a policy, the period inventory is managed based on the classical (s,S) policy and price is … determined based on the inventory position at the beginning of each period. …