Optimal pricing and inventory policy with order cancelations under the cash-on-delivery payment scheme

DOI10.1007/s11424-014-3090-0zbMath1327.93423MaRDI QIDQ890639

Jie Zhang, Jianbin Li, Baozhuang Niu

Publication date: 10 November 2015

Published in: Journal of Systems Science and Complexity (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11424-014-3090-0

zbMATH Keywords

dynamic programming; customer behavior; cash-on-delivery; joint price and inventory decisions

Mathematics Subject Classification ID

91B24: Microeconomic theory (price theory and economic markets)

90B05: Inventory, storage, reservoirs

93E20: Optimal stochastic control

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Performance analyses of production inventory systems considering service time and product returns of online shopping, Uniform pricing strategy vs. price differentiation strategy in the presence of cost saving and demand increasing

Cites Work

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