Optimal pricing for selling to a static multi-period newsvendor

被引：10

作者：

Chen, Xiao Alison ^{[1
]}

Wang, Zizhuo ^{[1
]}

Yuan, Hongsong ^{[2
]}

机构：

[1] Univ Minnesota, Dept Ind & Syst Engn, 111 Church St SE, Minneapolis, MN 55455 USA

[2] Shanghai Univ Econ & Finance, Sch Informat Management & Engn, 777 Guoding St, Shanghai 200433, Peoples R China

来源：

OPERATIONS RESEARCH LETTERS | 2017年 / 45卷 / 05期

关键词：

Newsvendor; Pricing; Supply chain management; APPROXIMATION ALGORITHMS;

D O I：

10.1016/j.orl.2017.05.006

中图分类号：

C93 [管理学]; O22 [运筹学];

学科分类号：

070105 ; 12 ; 1201 ; 1202 ; 120202 ;

摘要：

This paper considers a multi-period supply chain model in which a supplier sells to a multi-period newsvendor. Such a problem is relevant in industries with long production lead times. We study the optimal pricing problem for the supplier. We derive procedures for solving the optimal prices and show that the optimal pricing sequence is decreasing in time. We also show that the optimal prices are increasing in the backorder cost when the cumulative demand functions have increasing generalized failure rates. (C) 2017 Elsevier B.V. All rights reserved.

引用

页码：415 / 420

页数：6

共 50 条

[1] Dynamic Pricing in a Multi-Period Newsvendor Under Stochastic Price-Dependent Demand
Ullah, Mehran
Khan, Irfanullah
Sarkar, Biswajit
[J]. MATHEMATICS, 2019, 7 (06)
[2] Optimal inventory control in a multi-period newsvendor problem with non-stationary demand
Kim, Gitae
Wu, Kan
Huang, Edward
[J]. ADVANCED ENGINEERING INFORMATICS, 2015, 29 (01) : 139 - 145
[3] Optimal Pricing and Production Planning for Multi-product Multi-period Systems with Backorders
Mardaneh, Elham
Caccetta, Louis
[J]. JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 2013, 158 (03) : 896 - 917
[4] Optimal Pricing and Production Planning for Multi-product Multi-period Systems with Backorders
Elham Mardaneh
Louis Caccetta
[J]. Journal of Optimization Theory and Applications, 2013, 158 : 896 - 917
[5] Pricing Multi-period Dispatch Under Uncertainty
Guo, Ye
Tong, Lang
[J]. 2018 56TH ANNUAL ALLERTON CONFERENCE ON COMMUNICATION, CONTROL, AND COMPUTING (ALLERTON), 2018, : 341 - 345
[6] A multi-period pricing and inventory control model
Zhang, Juliang
Chen, Jian
[J]. JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY, 2010, 23 (02) : 249 - 260
[7] A multi-period pricing and inventory control model
Juliang Zhang
Jian Chen
[J]. Journal of Systems Science and Complexity, 2010, 23 : 249 - 260
[8] A MULTI-PERIOD PRICING AND INVENTORY CONTROL MODEL
Juliang ZHANG Department of Logistics Management
[J]. Journal of Systems Science & Complexity, 2010, 23 (02) : 249 - 255
[9] NOTES ON MULTI-PERIOD VALUATION AND THE PRICING OF OPTIONS
BHATTACHARYA, S
[J]. JOURNAL OF FINANCE, 1981, 36 (01): : 163 - 180
[10] Pricing of multi-period rate of return guarantees
Lindset, S
[J]. INSURANCE MATHEMATICS & ECONOMICS, 2003, 33 (03): : 629 - 644

← 1 2 3 4 5 →