Newsboy Problem: Viability of Optimal Initial Selling Price and Ordering Policies in the Presence of Exogenous Price Decline and Random Lead Time

DOI10.1051/RO/2013044zbMath1284.90004OpenAlexW1987185174MaRDI QIDQ5397707

Snigdha Banerjee, Ningombam Sanjib Meitei

Publication date: 24 February 2014

Published in: RAIRO - Operations Research (Search for Journal in Brave)

Full work available at URL: http://www.numdam.org/item?id=RO_2013__47_4_371_0/

zbMATH Keywords

pricingstochastic lead-timeexogenous price declineinitial selling priceviable policies

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Inventory, storage, reservoirs (90B05) Case-oriented studies in operations research (90B90)

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