Optimality of (s, S, p) policy in a general inventory-pricing model with uniform demands

被引:9
|
作者
Chen, Zhiyuan [1 ]
Yang, Yi [2 ]
机构
[1] Tsinghua Univ, Dept Automat, Beijing 100084, Peoples R China
[2] Chinese Univ Hong Kong, Dept Syst Engn & Engn Management, Shatin, Hong Kong, Peoples R China
关键词
Dynamic pricing; Uniform distribution; Quasi-k-concavity; FIXED ORDERING COST; LOST SALES; STRATEGIES;
D O I
10.1016/j.orl.2010.04.004
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
We consider a single-product, periodic-review inventory model, in which pricing and ordering decisions are made simultaneously over finite horizon. Demands follow uniform distributions and depend on the price. Ordering cost includes setup cost and variable cost. We show that an (s, S, p) policy is optimal. (C) 2010 Published by Elsevier B.V.
引用
收藏
页码:256 / 260
页数:5
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