Optimal pricing and inventory policies: Centralized and decentralized decision making

DOI10.1016/S0377-2217(01)00170-9MaRDI QIDQ1600941zbMATH OpenOpenAlexFDO

Authors Steffen Jørgensen, Peter M. Kort

Publication date 16 June 2002

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

Full work available at URL https://doi.org/10.1016/s0377-2217(01)00170-9

zbMATH Keywords

optimal controlinventorymarketingretailingpurchasing

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Marketing, advertising (90B60) Inventory, storage, reservoirs (90B05)

Recommendations

• An optimal inventory pricing and ordering strategy subject to demand dependent on stock level and price
• Optimal control of inventory and optimal decisions of pricing on differentiated products
• Combined pricing and inventory control under uncertainty
• Optimal pricing and production in an inventory model
• Optimization and optimality of a joint pricing and inventory control policy in periodic-review systems with lost sales

Cites work

• scientific article; zbMATH DE number 3991198 (Why is no real title available?)
• scientific article; zbMATH DE number 44978 (Why is no real title available?)
• scientific article; zbMATH DE number 502879 (Why is no real title available?)
• A Deterministic Inventory System with an Inventory-Level-Dependent Demand Rate
• A hierarchical optimal control model for coordination of functional decisions in a firm
• An Inventory Model for Deteriorating Items and Stock-dependent Consumption Rate
• An Inventory Model with an Inventory-Level-Dependent Demand Rate and Relaxed Terminal Conditions
• Control theory concepts in production and inventory control
• Dynamic Optimal Control Models in Advertising: Recent Developments
• EOQ models with general demand and holding cost functions
• Optimal production, purchasing and pricing: A differential game approach
• Production, inventory, and pricing under cost and demand learning effects
• Simultaneous Price-Production Decisions
• Strong planning and forecast horizons for a model with simultaneous price and production decisions

Cited in

(16)

• Optimal control of inventory and optimal decisions of pricing on differentiated products
• Pricing and inventory management in a system with multiple competing retailers under (\(r, Q\)) policies
• The impact of dynamic pricing on the economic order decision
• A joint optimal pricing, rebate value, and lot sizing model
• The economic order decision with continuous dynamic pricing and batch supply
• Price changing and inventory sharing in supply chain management
• Dynamic pricing of ride-hailing platforms considering service quality and supply capacity under demand fluctuation
• Decision makings in discount pricing policy for imperfect production system
• Distributed consensus in noncooperative inventory games
• Inventory control by different service levels
• Optimal dynamic pricing and replenishment policy for perishable items with inventory-level-dependent demand
• Inventory models with inventory-level-dependent demand: A comprehensive review and unifying theory
• Incorporating quantity discounts and their inventory impacts into the centralized purchasing decision
• An optimal inventory management problem with reputation-dependent demand
• An optimal inventory pricing and ordering strategy subject to demand dependent on stock level and price
• Intertemporal contracting in a supply chain

This page was built for publication: Optimal pricing and inventory policies: Centralized and decentralized decision making

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1600941)