We consider a single-period inventory model in which a risk-averse retailer faces uncertain customer demand and makes a … purchasing-order-quantity and a selling-price decision with the objective of maximizing expected utility. This problem is similar … understanding of retailers' pricing behavior that could lead to improved price contracts and channel-management policies. …

and inventory. The basic research questions are whether the Nash equilibrium exists in this game, whether it is unique …

optimal inventory-ordering policy is a state-dependent base-stock policy; however, the optimal pricing policy can be quite …We introduce and analyze a model that explicitly considers the timing effect of intertemporal pricing--the concept … that characterize the interaction between the decision to hold a sale and the inventory-ordering decision. We show that the …

Replenishment and pricing strategies are traditionally determined by entirely separate units of a firm, the former by … them that distorts the marginal production cost and revenue, as well as by a misallocation of cost: Marketing's pricing … strategy influences expected leftover inventory, but only production incurs the cost. The misalignment can be mitigated through …

pricing scheme. In a setting of one manufacturer and two retailers with price-dependent and random demand, we explore the … design the transfer pricing scheme in RDS. Interestingly, neither party prefers the fixed transfer pricing scheme commonly … pricing scheme in RDS, they may prefer RDS or CDS when the other party designs the RDS. Thus, the interests of the …

This study models a finite horizon inventory problem for deteriorating and fashion goods under trade credit and partial … the goods between the time they are sold and the end of the credit period. The proposed model considers two-phase pricing … and inventory decisions. In other words, it determines both the optimal prices and the lengths of the in-stock and stock …

, the firm can either increase or decrease inventory by buying or selling on a spot market where price fluctuates randomly … actively managing inventory during the period rather than making a purchase decision at the start of the period, and then … managing inventory increases until some limit is reached. Copyright The Author(s) 2011 …

pricing decisions for a given selling period. We also consider the case when the demand is price-sensitive deterministic and … before receiving the supply, called simultaneous pricing and the case when the price is set after receiving it, which is … called postponed pricing. We develop a procedure for finding the optimal policy for the retailer with general distributions …

A great number of models have been proposed to investigate the deterioration inventory. However, most of models assume … consider the pricing and lot-sizing problem for products with quality and physical quantity deteriorating simultaneously. The …