We consider the joint pricing and inventory control problem for a single product with a finite horizon and periodic … review. The demand distribution in each period is determined by an exogenous Markov chain. Pricing and ordering decisions are … costs are state dependent. We show the existence of an optimal (s, S, p)-type feedback policy for the additive demand model …

two manufacturers. The retailer informs the suppliers of the total order quantity, namely Q, based on demand forecast … ahead of the selling season. The suppliers manufacture products according to the predicted quantity. When the actual demand … has been observed, the retailer conducts demand learning and determines the actual order quantity. Under the assumption …

decision-making on replenishment and inventory rationing. This inventory strategy presents significant complexities in … traditional dynamic pricing and inventory management problems, particularly in unpredictable market environments. Therefore, we … dynamic pricing and inventory management problems …

This paper discusses a prescriptive analytics approach to solving a joint markdown pricing and inventory allocation … optimization problem under demand parameter uncertainty. We consider a retailer capable of price differentiation among multiple … customer groups with different demand parameters that are supplied from multiple warehouses or fulfillment centers at different …