Optimal pricing and inventory policy with order cancelations under the cash-on-delivery payment scheme

DOI10.1007/s11424-014-3090-0zbMath1327.93423OpenAlexW2014930896MaRDI QIDQ890639

Jie Zhang, Jianbin Li, Baozhuang Niu

Publication date: 10 November 2015

Published in: Journal of Systems Science and Complexity (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11424-014-3090-0

zbMATH Keywords

dynamic programmingcustomer behaviorcash-on-deliveryjoint price and inventory decisions

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Inventory, storage, reservoirs (90B05) Optimal stochastic control (93E20)

Related Items (2)

Performance analyses of production inventory systems considering service time and product returns of online shopping ⋮ Uniform pricing strategy vs. price differentiation strategy in the presence of cost saving and demand increasing

Cites Work

• Characteristic decomposition of the \(2\times 2\) quasilinear strictly hyperbolic systems
• Optimal replenishment and pricing decisions under the collect-on-delivery payment scheme
• Combined Pricing and Inventory Control Under Uncertainty
• Integration of Inventory and Pricing Decisions with Costly Price Adjustments
• (s, S) Optimality in Joint Inventory-Pricing Control: An Alternate Approach
• Optimal pricing and inventory control policy in periodic-review systems with fixed ordering cost and lost sales
• A dynamic, nonstationary inventory problem for a price/quantity setting firm
• Pricing and the Newsvendor Problem: A Review with Extensions
• Financing the Newsvendor: Supplier vs. Bank, and the Structure of Optimal Trade Credit Contracts

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