OPTIMAL ORDERING RULE FOR A PERISHABLE PRODUCT WITH A DYNAMIC PRICING POLICY

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概要

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• This paper considers the problem of determining the optimal ordering quantity for a perishable product to be sold over a finite sales horizon with a dynamic pricing policy. To date, most models developed to study a dynamic pricing policy for perishable products assume that the salvage value is nonnegative. In this model we allow the salvage value to be either a nonnegative or negative value. We derive the conditions under which the optimal ordering quantity takes either a zero value or finite value greater than zero. Moreover, we demonstrate the existence of a shortest sales horizon under a condition for which ordering of the product is profitable if the seller's planned sales horizon is longer than the shortest sales horizon.

• 社団法人日本オペレーションズ・リサーチ学会の論文
• 2013-06-00

著者

• Ee Mong

  Deakin Graduate School of Business Deakin University

関連論文

• OPTIMAL ORDERING RULE FOR A PERISHABLE PRODUCT WITH A DYNAMIC PRICING POLICY

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