Continuously Increasing Price in an Inventory Cycle: An Optimal Strategy for E-Tailers
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چکیده
منابع مشابه
Continuously Increasing Price in an Inventory Cycle: An Optimal Strategy for E-Tailers
Operations researchers have always assumed that when a product’s unit cost is constant and its demand curve is known and stationary, a retailer of the product would find it optimal to replenish the inventory with a fixed quantity and to sell the product always at a fixed price. We present, with proof, a model that shows that, in such a case, an e-tailer is better off using a continuously increa...
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ژورنال
عنوان ژورنال: Journal of Applied Mathematics and Decision Sciences
سال: 2008
ISSN: 1173-9126,1532-7612
DOI: 10.1155/2008/483267