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

[21] Multi-period sentiment asset pricing model with information
Li, Jinfang
[J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2014, 34 : 118 - 130
[22] A two-product, multi-period nonstationary newsvendor problem with budget constraint
Yong Zhang
Weiguo Zhang
Xingyu Yang
Weijun Xu
[J]. Soft Computing, 2019, 23 : 4277 - 4287
[23] A two-product, multi-period nonstationary newsvendor problem with budget constraint
Zhang, Yong
Zhang, Weiguo
Yang, Xingyu
Xu, Weijun
[J]. SOFT COMPUTING, 2019, 23 (12) : 4277 - 4287
[24] Comparing Online Learning Algorithms to Stochastic Approaches for the Multi-Period Newsvendor Problem
O'Neil, Shawn
Chaudhary, Amitabh
[J]. PROCEEDINGS OF THE TENTH WORKSHOP ON ALGORITHM ENGINEERING AND EXPERIMENTS AND THE FIFTH WORKSHOP ON ANALYTIC ALGORITHMICS AND COMBINATORICS, 2008, : 49 - 63
[25] Optimal multi-period pricing and sales effort decisions with a logit demand model in an integrated channel
Hu, Wanting
Deng, Guangwei
[J]. KYBERNETES, 2023,
[26] An origin-destination based road pricing model for static and multi-period traffic assignment problems
Ohazulike, Anthony E.
Still, Georg
Kern, Walter
van Berkum, Eric C.
[J]. TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW, 2013, 58 : 1 - 27
[27] Optimal scrutiny in multi-period promotion tournaments
Dubey, P
Haimanko, O
[J]. GAMES AND ECONOMIC BEHAVIOR, 2003, 42 (01) : 1 - 24
[28] Multi-period optimal design of online auctions
Chen Sheng-li
Yang Xiao-hua
Luo Yun-feng
[J]. PROCEEDINGS OF THE FIRST INTERNATIONAL SYMPOSIUM ON DATA, PRIVACY, AND E-COMMERCE, 2007, : 403 - 405
[29] Static Switching Security in Multi-Period Transmission Switching
Liu, Cong
Wang, Jianhui
Ostrowski, James
[J]. IEEE TRANSACTIONS ON POWER SYSTEMS, 2012, 27 (04) : 1850 - 1858
[30] A Multi-period Fuzzy Portfolio Optimization Model with Short Selling Constraints
Yang, Xing-Yu
Chen, Si-Dou
Liu, Wei-Long
Zhang, Yong
[J]. INTERNATIONAL JOURNAL OF FUZZY SYSTEMS, 2022, 24 (06) : 2798 - 2812

← 1 2 3 4 5 →