Construction of a model towards EOQ and pricing strategy for gradually obsolescent products

DOI10.1016/J.AMC.2011.01.100zbMATH1209.90028OpenAlexW2022184536MaRDI QIDQ716094FDOQ716094

Authors Kuo-Hsien Wang, Che-Tsung Tung

Publication date 19 April 2011

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.amc.2011.01.100

zbMATH Keywords

EOQpricing strategygradually obsolescent products

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Microeconomic theory (price theory and economic markets) (91B24)

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• A myopic policy for the gradual obsolescence problem with price-dependent demand
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Cites work

• A myopic policy for the gradual obsolescence problem with price-dependent demand
• A pricing model for clearing end-of-season retail inventory
• A single-period inventory model with fuzzy random variable demand
• An EOQ model with stock and price sensitive demand
• Brownian analysis of a buffered-flow system in the face of sudden obsolescence
• Dynamic Modeling of Inventories Subject to Obsolescence
• Dynamic pricing of inventory/capacity with infrequent price changes
• Optimal inventory policies under product obsolescent circumstance
• Optimal ordering and pricing policies in a single-period environment with multivaiate demand and markdowns
• The newsboy problem under progressive multiple discounts
• Time and quantity dependent waiting costs in a newsvendor problem with backlogged shortages

Cited in

(5)

• The Instant Obsolescence Problem With Price-Dependent Demand
• Analysis of the newsboy problem subject to price dependent demand and multiple discounts
• A myopic policy for the gradual obsolescence problem with price-dependent demand
• Optimal inventory replenishment strategy for deteriorating items in a demand-declining market with the retailer's price manipulation
• A two-price policy for a newsvendor product supply chain with time and price sensitive demand

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