eBook - PDF

Single Period Inventory Control and Pricing (Volume 43.0)

Name: Single Period Inventory Control and Pricing (Volume 43.0)
ISBN: 9783631612224

Emel Arikan,

English
PDF
Available on iOS & Android

eBook - PDF

Single Period Inventory Control and Pricing (Volume 43.0)

Emel Arikan,

About this book

The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.

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Yes, you can access Single Period Inventory Control and Pricing (Volume 43.0) by Emel Arikan in PDF and/or ePUB format, as well as other popular books in Volkswirtschaftslehre & Wirtschaftstheorie. We have over one million books available in our catalogue for you to explore.