Optimal pricing and ordering strategies for dual-channel retailing with different shipping policies

DOI10.3934/JIMO.2021227OpenAlexW4205674510MaRDI QIDQ2691229

Zheng Wang, Ning Li

Publication date: 29 March 2023

Published in: Journal of Industrial and Management Optimization (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3934/jimo.2021227

zbMATH Keywords

orderingpricingdual-channeldeep deterministic policy gradient methodshipping price

Mathematics Subject Classification ID

Stochastic programming (90C15) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

Cites Work

• Joint decision on production and pricing for online dual channel supply chain system
• Joint optimization of pricing and inventory control for dual-channel problem under stochastic demand
• Introduction of a second channel: Implications for pricing and profits
• Price and quality decisions in dual-channel supply chains
• Managing a dual-channel supply chain under price and delivery-time dependent stochastic demand
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• Price and lead time decisions in dual-channel supply chains
• Inventory competition in a dual-channel supply chain with delivery lead time consideration
• Online and offline cooperation under buy-online, pick-up-in-store: pricing and inventory decisions
• Online ordering strategy for the discrete newsvendor problem with order value-based free-shipping
• Online retailers' promotional pricing, free-shipping threshold, and inventory decisions: a simulation-based analysis
• Managing stochastic inventory systems with free shipping option
• Direct Marketing, Indirect Profits: A Strategic Analysis of Dual-Channel Supply-Chain Design

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