Bayesian solution to pricing and inventory control under unknown demand distribution

DOI10.1016/j.orl.2005.08.001zbMath1152.90328OpenAlexW2077580391MaRDI QIDQ2480048

Jian Chen, Ju-liang Zhang

Publication date: 28 March 2008

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

Full work available at URL: https://doi.org/10.1016/j.orl.2005.08.001

zbMATH Keywords

pricingstochastic inventory managementBayesian dynamic program

Mathematics Subject Classification ID

Stochastic programming (90C15) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

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Cites Work

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• Dynamic Inventory Policy with Varying Stochastic Demands
• Combined Pricing and Inventory Control Under Uncertainty
• Bayes Solutions of the Statistical Inventory Problem
• Monotone Forecasts
• Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution
• Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons
• Dynamic pricing and inventory control with learning
• Monopoly and Uncertainty

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