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Author:Bhattacharjee, S.
Ramesh, R.
Title:A multi-period profit maximizing model for retail supply chain management: an integration of demand and supply-side mechanisms
Journal:European Journal of Operational Research
2000 : MAY 1, VOL. 122:3, p. 584-601
Index terms:OPERATIONAL RESEARCH
PRICING
SUPPLY
Language:eng
Abstract:The authors present a multi-period inventory and pricing model for a single product, where the product has a fixed life perishability for a certain number of periods. This problem has significant importance for an efficient operation of the marketing/manufacturing interface at the retail end of the supply chain. The profit maximization problem is modeled as a dynamic program, and the Wagner- Within dynamic programming recursions are developed for both perishable and non-perishable products.
SCIMA record nr: 213116
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