Multi-product budget-constrained acquisition and pricing with uncertain demand and supplier quantity discounts

International Journal of Production Economics

Volumn 128, Issue 1, 2010, Pages 322-331

  Shi, Jianmai ^a,b   Zhang, Guoqing ^a  

^a UNIVERSITY OF WINDSOR   (Canada)

^b NATIONAL UNIVERSITY OF DEFENSE TECHNOLOGY   (China)

Author keywords

Acquisition; Discount; Newsvendor; Pricing; Uncertain demand

Indexed keywords

ACQUISITION; DISCOUNT; NEWSVENDORS; PRICING; UNCERTAIN DEMAND;

BUDGET CONTROL; INTEGER PROGRAMMING; MERGERS AND ACQUISITIONS; OPTIMIZATION; PROFITABILITY; SALES;

COSTS;

EID: 77957773770     PISSN: 09255273     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ijpe.2010.07.033     Document Type: Conference Paper

References (30)

1. L. Abdel-Malek, R. Montanari, and L.C. Morales Exact, approximate, and generic iterative models for the multi-product Newsboy problem with budget constraint International Journal of Production Economics 91 2 2004 189 198
2. L. Abdel-Malek, and R. Montanari An analysis of the multi-product newsboy problem with a budget constraint International Journal of Production Economics 97 2005 296 307
3. L. Abdel-Malek, and R. Montanari On the multi-product newsboy problem with two constraints Computers & Operations Research 32 2005 2095 2116
4. L.L. Abdel-Malek, and N. Areeratchakul A quadratic programming approach to the multi-product newsvendor problem with side constraints European Journal of Operational Research 176 3 2007 1607 1619
5. J. Chen, and P.C. Bell The impact of customer returns on pricing and order decisions European Journal of Operational Research 195 1 2009 280 295
6. Chen, L., Chen, Y. A multiple-item budget-constraint newsboy problem with a reservation policy. OMEGA, in press, doi:10.1016/j.omega.2009.10.007.
7. S.J. Erlebacher Optimal and heuristics solutions for the multi-item newsvendor problem with a single capacity constraint Production and Operations Management 9 3 2000 303 318
8. G. Hadley, and T. Whitin Analysis of Inventory Systems 1963 Prentice-Hall Englewood Cliffs, NJ
9. M. Karakul Joint pricing and procurement of fashion products in the existence of clearance markets International Journal of Production Economics 114 2 2008 487 506
10. M. Khouja The newsboy problem under progressive multiple discounts European Journal of Operational Research 84 2 1995 458 466
11. M. Khouja The Newsboy problem with multiple discounts offered by suppliers and retailers Decision Sciences 27 3 1996 589 599 (Pubitemid 127024028)
12. M. Khouja, and A. Mehrez A multi-product constrained newsboy problem with progressive multiple discounts Computers and Industrial Engineering 30 1996 95 101 (Pubitemid 126397725)
13. M. Khouja The single-period (new-vendor) problem: literature review and suggestions for future research OMEGA: The International Journal of Management Science 27 1999 537 553
14. H. Lau, and A. Lau The multi-product multi-constraint newsboy problem: application, formulation and solution Journal of Operations Management 13 1995 153 162
15. H. Lau, and A. Lau The newsstand problem: a capacitated multiple-product single-period inventory problem European Journal of Operational Research 94 1996 29 42
16. C. Lin, and D.E. Kroll The single-item newsboy problem with dual performance measures and quantity discounts European Journal of Operational Research 100 1997 562 565
17. I. Moon, and E.A. Silver The multi-item newsvendor problem with a budget constraint and fixed ordering costs Journal of the Operational Research Society 51 5 2000 602 608
18. J.A. Niederhoff Using separable programming to solve the multi-product multiple ex-ante constraint newsvendor problem and extensions European Journal of Operational Research 176 2 2007 941 955
19. P. Pantumsinchai, and T.W. Knowles Standard container size discounts and the single-period inventory problem Decision Sciences 22 1991 612 619
20. K. Pan, K.K. Lai, L. Liang, and S.C.H. Leung Two-period pricing and ordering policy for the dominant retailer in a two-echelon supply chain with demand uncertainty OMEGA: The International Journal of Management Science 37 4 2009 919 929
21. M. Parlar, and Z.K. Weng Coordinating pricing and production decisions in the presence of price competition European Journal of Operational Research 170 1 2006 211 227
22. N.C. Petruzzi, and M. Dada Pricing and the newsvendor problem: a review with extensions Operations Research 47 2 1999 183 194
23. D. Serel Inventory and pricing decisions in a single-period problem involving risky supply International Journal of Production Economics 116 2008 115 128
24. Z. Shao, and X. Ji Fuzzy multi-product constraint newsboy problem Applied Mathematics and Computation 180 1 2006 7 15
25. G.L. Vairaktarakis Robust multi-item newsboy models with a budget constraint International Journal of Production Economics 66 3 2000 213 226
26. S. Webster, and Z.K. Weng Ordering and pricing policies in a manufacturing and distribution supply chain for fashion products International Journal of Production Economics 114 2008 476 486
27. T.M. Whitin Inventory control and price theory Management Science 2 1955 61 68
28. G. Zhang The multi-product newsboy problem with supplier quantity discounts and a budget constraint European Journal of Operational Research 206 2 2010 350 360
29. B. Zhang, X. Xu, and Z. Hua A binary solution method for the multi-product Newsboy problem with budget constraint International Journal of Production Economics 117 1 2009 136 141
30. Y.-J. Zhou, X.-H. Chen, and Z.-R. Wang Optimal ordering quantities for multi-products with stochastic demand: return-CVaR model International Journal of Production Economics 112 2 2008 782 795