Integrated decision on pricing, promotion and inventory management

DOI10.1142/S0217595912500388MaRDI QIDQ4904520zbMATH OpenFDO

Authors Ju-liang Zhang

Publication date 30 January 2013

Published in Asia-Pacific Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1142/S0217595912500388

zbMATH Keywords

finite horizoninfinite horizonpricingpromotionstochastic inventory management

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Management decision making, including multiple objectives (90B50) Marketing, advertising (90B60) Stochastic programming (90C15) Production theory, theory of the firm (91B38) Consumer behavior, demand theory (91B42)

Recommendations

• Integrated decisions on capacity flexibility, promotion and inventory control
• Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost: The Infinite Horizon Case
• A Periodic Review Inventory Model with Demand Influenced by Promotion Decisions
• Combined pricing and inventory control under uncertainty
• Coordinating inventory control and pricing strategies: the continuous review model

Cites work

• A dynamic, nonstationary inventory problem for a price/quantity setting firm
• A Periodic Review Inventory Model with Demand Influenced by Promotion Decisions
• An Inventory Model with Limited Production Capacity and Uncertain Demands I. The Average-Cost Criterion
• An Inventory Model with Limited Production Capacity and Uncertain Demands II. The Discounted-Cost Criterion
• Combined pricing and inventory control under uncertainty
• 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
• Dynamic pricing in the presence of inventory considerations: research overview, current practices, and future directions
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Cited in

(8)

• Optimal ordering policies in inventory systems with random demand and random deal offerings
• Integrated sales and operations planning with multiple products: jointly optimizing the number and timing of promotions and production decisions
• A multi-stage method for joint pricing and inventory model with promotion constrains
• Inventory control and periodic price discounting campaigns
• Integrated decisions on capacity flexibility, promotion and inventory control
• A Periodic Review Inventory Model with Demand Influenced by Promotion Decisions
• The impact of linear optimization on promotion planning
• Optimal pricing and lot-sizing policies under promotional expense for some Veblen products

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