Joint pricing and procurement of substitutable products with random demands - A technical note

European Journal of Operational Research

Volumn 201, Issue 1, 2010, Pages 324-328

  Karakul, M ^a   Chan, L M A ^a  

^a YORK UNIVERSITY   (Canada)

Author keywords

Pricing; Stochastic inventory control; Substitution

Indexed keywords

CONTINUOUS DISTRIBUTION; DISCRETE DISTRIBUTION; EXPECTED PROFITS; JOINT PRICING; LINEAR FUNCTIONS; LOW GRADE; MANAGERIAL IMPLICATIONS; NEW PRODUCT; NOISE TERMS; OPERATIONAL RESEARCH; PRICING; PRICING DECISION; PRODUCT SUBSTITUTABILITY; RANDOM DEMAND; STOCHASTIC DEMAND; STOCHASTIC INVENTORY CONTROL; STOCHASTIC NOISE; SUBSTITUTABLE PRODUCTS; SUBSTITUTION; TECHNICAL NOTES; UNIMODALITY;

INVENTORY CONTROL; PROFITABILITY; STOCHASTIC MODELS;

COSTS;

EID: 70249090032     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2009.03.030     Document Type: Article

References (4)

1. Karakul, M., 2004. Combined Pricing and Procurement Decisions in Stochastic Inventory Control Theory. PhD thesis, University of Toronto.
2. Karakul M. Joint pricing and procurement of fashion products in the existence of clearance markets. International Journal of Production Economics 114 2 (2008) 487-506
3. Karakul M., and Chan L. Analytical and managerial implications of integrating product substitutability in the joint pricing and procurement problem. European Journal of Operational Research 190 (2008) 179-204
4. Ziya S., Ayhan H., and Foley R. Relationship among three assumptions in revenue management. Operations Research 52 5 (2004) 804-809