Robust timing of markdowns

DOI10.1007/S10479-015-1913-6MaRDI QIDQ256623zbMATHOpenAlexFDO

Authors Michael Dziecichowicz, Daniela Caro, Aurélie Thiele

Publication date 9 March 2016

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10479-015-1913-6

zbMATH Keywords

dynamic policiesmarkdownspricing under uncertaintyrobust optimizationuncertainty arrival rates

Mathematics Subject Classification ID

Sensitivity, stability, parametric optimization (90C31) Inventory, storage, reservoirs (90B05) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• A robust optimization approach to dynamic pricing and inventory control with no backorders
• Dynamic pricing in the presence of inventory considerations: research overview, current practices, and future directions
• Dynamic pricing: a learning approach
• Optimal Dynamic Pricing of Inventories with Stochastic Demand over Finite Horizons
• Optimal Starting Times for End-of-Season Sales and Optimal Stopping Times for Promotional Fares
• Periodic Pricing of Seasonal Products in Retailing
• Recent advances in robust optimization: an overview
• The Price of Robustness
• Theory and applications of robust optimization

Cited in

(3)

• The Timing of Sales
• Optimal online markdown and markup pricing policies with demand uncertainty
• Coordinating clearance markdown sales of seasonal products in retail chains

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