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Showing 1 to 8 of 8 for “"Joint pricing and inventory"”.

  1. Joint pricing and inventory decision for competitive products

    We consider the joint pricing and inventory decision problem for a single retailer who orders, stocks and sells multiple products. The products are competitive in nature, e.g., these maybe similar products from multiple brands. Demand for a product depends on its price as well as the price of all …

    mit Repository record for Joint pricing and inventory decision for competitive products (opens in a new tab)

  2. LP-based subgradient algorithm for joint pricing and inventory control problems

    … important for companies to manage their revenues and -reduce their costs efficiently. These goals can be achieved through effective pricing and inventory control strategies. This thesis studies a joint multi-period pricing and inventory control problem for a make-to-stock manufacturing system. …

    mit Repository record for LP-based subgradient algorithm for joint pricing and inventory control problems (opens in a new tab)

  3. Near-optimal data-driven approximation schemes for joint pricing and inventory control models

    The thesis studies the classical multi-period joint pricing and inventory control problem in a data-driven setting. In the problem, a retailer makes periodic decisions of the prices and inventory levels of an item that the retailer wishes to sell. The objective is to match the inventory level with …

    mit Repository record for Near-optimal data-driven approximation schemes for joint pricing and inventory control models (opens in a new tab)

  4. Iterative algorithms for a joint pricing and inventory control problem with nonlinear demand functions

    Price management, production planning and inventory control are important determinants of a firm's profitability. The intense competition brought about by rapid innovation, lean manufacturing time and the internet revolution has compelled firms to adopt a dynamic strategy that involves complex …

    mit Repository record for Iterative algorithms for a joint pricing and inventory control problem with nonlinear demand functions (opens in a new tab)

  5. Essays on inventory, pricing and financial trading strategies

    … approach to characterize a price-dependent demand substitution rule, and provide a sufficient and necessary condition for demand models where our demand substitution rule applies. Our results can serve as a link between the pricing and inventory literature, and enable the study of joint pricing

    mit Repository record for Essays on inventory, pricing and financial trading strategies (opens in a new tab)

  6. Stochastic Control Through a Modern Lens: Applications in Supply Chain Analytics and Logistical Systems

    … through a modern lens, including stochastic inventory control, dynamic pricing and vehicle routing. A brief history of the academic works on stochastic control is presented in Chapter 1, where the relevance of papers on stochastic processes, dynamic programming and reinforcement learning is …

    mit Repository record for Stochastic Control Through a Modern Lens: Applications in Supply Chain Analytics and Logistical Systems (opens in a new tab)

  7. Dynamic decision-making under uncertainties: algorithms based on linear decision rules and applications in operating models

    This thesis is to propose efficient and robust algorithms based on Linear Decision Rule (LDR), which expand the applicability of the existing LDR methods. Representative and complex operation models are analyzed and solved by the proposed approaches. The research motivation and scope are provided …

    uiuc Repository record for Dynamic decision-making under uncertainties: algorithms based on linear decision rules and applications in operating models (opens in a new tab)

  8. Pricing, Variety, and Inventory Decisions in Retail Operations Management

    … operations management. Specifically, we focus on pricing, variety, and inventory decisions, which are at the interface of the marketing and operations functions of a retail firm. We consider two problems that relate to two major types of retail goods. First, we study joint pricing, variety, and

    vt Repository record for Pricing, Variety, and Inventory Decisions in Retail Operations Management (opens in a new tab)