Optimality of (s,S)-policies in a dynamic pricing model with replenishment opportunities: a sample path approach

DOI10.1016/J.ORL.2013.10.003MaRDI QIDQ2450765zbMATH OpenOpenAlexFDO

Authors Jian Li, Xiaowei Xu

Publication date 15 May 2014

Published in Operations Research Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.orl.2013.10.003

zbMATH Keywords

\((s, S)\)-policy\(K\)-concavitydynamic pricingsample path method

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

• (s, S) Optimality in Joint Inventory-Pricing Control: An Alternate Approach
• A sample-path approach to the optimality of echelon order-up-to policies in serial inventory systems
• Applying a New Device in the Optimization of Exponential Queuing Systems
• Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost: The Finite Horizon Case
• Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost: The Infinite Horizon Case
• Coordinating inventory control and pricing strategies: the continuous review model
• Dynamic pricing in the presence of inventory considerations: research overview, current practices, and future directions
• scientific article; zbMATH DE number 3322720 (Why is no real title available?)
• Optimal dynamic pricing for perishable assets with nonhomogeneous demand
• Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons

Cited in

(11)

• Optimal replenishment under price uncertainty
• The economic order decision with continuous dynamic pricing and batch supply
• Optimizing (\(s, S\)) policies for multi-period inventory models with demand distribution uncertainty: robust dynamic programing approaches
• An optimal pricing policy under a Markov chain model
• Open-loop policies in Bayesian dynamic pricing: some counter-intuitive observations and insights
• Inventory Management with Auctions and Other Sales Channels: Optimality of (s, S) Policies
• Dynamic pricing and replenishment: optimality, bounds, and asymptotics
• Technical note: Dynamic optimal policy for an inventory system of two substitutable products with positive replenishment lead times
• Optimal policies in continuous time inventory control models with limited supply
• On optimality of a class of dynamic myopic policies for continuous-time replenishment with periodic updates
• Optimal paths and costs of adjustment in dynamic DEA models: with application to Chilean department stores

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