search query: @author Federgruen, A. / total: 37
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| Author: | Federgruen, A. Heching, A. |
| Title: | Combined pricing and inventory control under uncertainty |
| Journal: | Operations Research
1999 : MAY-JUN, VOL. 47:3, p. 454-475 |
| Index terms: | OPERATIONAL RESEARCH PRICING INVENTORY CONTROL |
| Language: | eng |
| Abstract: | This paper addresses the simultaneous determination of pricing and inventory replenishment strategies in the face of demand uncertainty. More specifically, the authors analyze the following single item, periodic review model. Demands in consecutive periods are independent, but their distributions depend on the item's price in accordance with general stochastic demand functions. The price charged in any given period can be specified dynamically as a function of the state of the system. |
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