Joint pricing and inventory control with a Markovian demand model

DOI10.1016/j.ejor.2006.06.054zbMath1127.90004OpenAlexW2089828839MaRDI QIDQ879289

Rui Yin, Rajaram, Kumar

Publication date: 11 May 2007

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2006.06.054

zbMATH Keywords

joint pricing and inventory controlMarkovian demandoptimal feedback policy

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Markov and semi-Markov decision processes (90C40)

Related Items (10)

OPTIMAL MARKDOWN PRICING STRATEGY WITH DEMAND LEARNING ⋮ Continuous \((s,S)\) policy with MMPP correlated demand ⋮ Pricing and inventory control strategy for a periodic-review energy buy-back system ⋮ Technical Note—Static Pricing: Universal Guarantees for Reusable Resources ⋮ An online algorithm for the inventory retrieval problem with an uncertain selling duration, uncertain prices, and price-dependent demands ⋮ Integrating inventory control and a price change in the presence of reference price effects: a two-period model ⋮ Joint pricing and inventory replenishment decisions with returns and expediting ⋮ Time-dependent and independent control rules for coordinated production and pricing under demand uncertainty and finite planning horizons ⋮ Dynamic pricing in a production system with multiple demand classes ⋮ Joint pricing and inventory replenishment decisions with returns and expediting under reference price effects

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