Single Period Inventory Control and Pricing : : An Empirical and Analytical Study of a Generalized Model.
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...
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Superior document: | Forschungsergebnisse der Wirtschaftsuniversitaet Wien. |
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Place / Publishing House: | Frankfurt am Main : : Peter Lang GmbH, Internationaler Verlag der Wissenschaften,, 2011. ©2011. |
Year of Publication: | 2011 |
Edition: | First edition. |
Language: | English |
Series: | Forschungsergebnisse der Wirtschaftsuniversität Wien
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Physical Description: | 1 online resource (116 pages) |
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