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| Author: | Gilbert, S. |
| Title: | Coordination of pricing and multi-period production for constant priced goods |
| Journal: | European Journal of Operational Research
1999 : APR 16, VOL. 114:2, p. 330-337 |
| Index terms: | OPERATIONAL RESEARCH PRICING PRODUCTION |
| Language: | eng |
| Abstract: | This paper addresses the problem of jointly determining a single price and production schedule for a product with seasonal demand. Under the assumption that the ratio of the demands in any two periods doesn't depend upon the price at which the product is offered, the author develops a procedure that guarantees an optimal solution. Perhaps more importantly, however, the author's model provides insight into the manner in which the firm's production cost increases with the intensity of total demand. |
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