Joint pricing and inventory management with deterministic demand and costly price adjustment
نویسندگان
چکیده
We analyze a joint inventory and pricing model of a single product over a finite planning horizon with deterministic demand. In this model, an ordering quantity and a price are decided simultaneously at the beginning of each period, demand of the period depends on the price, and a price adjustment cost is incurred if the price is changed from the previous period. We develop polynomial time algorithms to maximize the total profit and discuss their computational complexity. © 2012 Elsevier B.V. All rights reserved.
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ورودعنوان ژورنال:
- Oper. Res. Lett.
دوره 40 شماره
صفحات -
تاریخ انتشار 2012