Name
Title | ||
|---|---|---|
The Study and Prospects of the Dynamic Pricing Model for One-of-a-Kind Production Supply Chain. |
Abstract | ||
|---|---|---|
In this research paper we modeled a DPS when the firm's capacity is limited and a due-date guarantee may be required or favored by some customers. We suggest a promising approach to integrate a two-tier one-of-a-kind production supply chain with no dominant tier. We formulated a dynamic Bellman model to compute the optimal price quotes. By comparing DPS with SPS and analyzing the computational complexity of the proposed dynamic method, we show that when the firm dynamically changes the prices for each type of orders, both the firm and the customers are better off. This finding strongly supports the superiority of DPS. In the introduction of the future work, we also propose the OKP whole production supply chain model's optimal targets. |
Year | Venue | Keywords |
|---|---|---|
2014 | THIRTEENTH WUHAN INTERNATIONAL CONFERENCE ON E-BUSINESS, 2014 | dynamic pricing,OKP,supply chain coordination |
Field | DocType | Citations |
Economics,Dynamic pricing,Microeconomics,Supply chain | Conference | 0 |
PageRank | References | Authors |
0.34 | 0 | 2 |