The newsvendor problem with an in-season price adjustment

DOI10.1016/j.ejor.2007.10.067zbMath1163.90323OpenAlexW2089006353MaRDI QIDQ1027600

Jishan Zhu, James Flynn, Chia-Shin Chung

Publication date: 30 June 2009

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2007.10.067

zbMATH Keywords

inventorysupply chainstochasticnewsvendorsingle-period

Mathematics Subject Classification ID

Stochastic programming (90C15) Inventory, storage, reservoirs (90B05)

Related Items

Mean-variance analysis of supply chains under wholesale pricing and profit sharing schemes ⋮ Retail store operations: literature review and research directions ⋮ Integrating inventory control and a price change in the presence of reference price effects: a two-period model ⋮ Nonlinear pricing for yield management and countering strategic consumer behavior ⋮ Optimizing price, order quantity, and return policy in the presence of consumer opportunistic behavior for online retailers ⋮ Joint logistics and financial services by a 3PL firm ⋮ Optimal fences and joint price and inventory decisions in distinct markets with demand leakage

Cites Work

• Unnamed Item
• The newsboy problem under progressive multiple discounts
• Revenue Management: Research Overview and Prospects
• Periodic Pricing of Seasonal Products in Retailing
• Dynamic pricing and inventory control with learning
• Pricing and the Newsvendor Problem: A Review with Extensions
• Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales
• Optimal Starting Times for End-of-Season Sales and Optimal Stopping Times for Promotional Fares